Overview

• International travel is expected to grow by 9.7% this year, with major increases in Asia, Europe, and North America.
• Short-haul flights are leading the recovery, significantly boosting overall jet fuel demand.
• Key airports like Dubai International and Singapore's Changi are reporting record passenger numbers.
• The oil industry sees a positive impact from the renewed jet fuel demand, contrasting with environmental concerns over rising emissions.
• Efficiency improvements have helped limit fuel consumption growth, keeping it slightly below 2019 levels.