U.S. Jet Fuel Demand Surges But Full Recovery Is Still Elusive
- American use of aviation fuel jumps to highest since March
- But consumption is still 16% lower than two years ago
A worker closes the door on an American Airlines Group Inc. plane at John F. Kennedy International Airport in New York.
Photographer: Angus Mordant/BloombergThis article is for subscribers only.
Jet fuel demand is finally taking off as American travelers return to the skies, but concerns over the Delta variant of Covid-19 may further delay a full recovery.
U.S. consumption of the fuel on a four-week average basis surged to 1.57 million barrels a day, the highest since the pandemic shut the economy down last March, according to a government report Wednesday. That’s still 16% lower than the same time two years ago.