Analysts cautiously optimistic about jet-fuel demand this year

摘要

While there have been positive signs in the global commercial flight sector with the number of flights growing 3% over the week ending March 28,the imposition of new coronavirus-related lockdowns continues to remain a major threat to the industry and thus jet fuel demand.In particular,Western Europe,where commercial flight seat capacity was recently assessed on March 29 at 69% below pre-pandemic levels,has seen a new wave of coronavirus-related lockdowns across the region.In addition,cases of the virus have been on the rise across Latin America,which has weighed on the outlook for jet fuel demand this year.