After the demand for aviation fuel plummeted after covid, air travel is now once again driving the growth of world fuel consumption. For the oil industry, the recovery news is a welcome boost. The International Air Transport Association IATA expects a record number of passengers this year. Thus, machines that will be about as full as before the virus will consume record amounts of fuel, the analyses predict.
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After the demand for aviation fuel plummeted after covid, air travel is now once again driving the growth of world fuel consumption. For the oil industry, the recovery news is a welcome boost. The International Air Transport Association IATA expects a record number of passengers this year. Thus, machines that will be about as full as before the virus will consume record amounts of fuel, the analyses predict.