Asian jet fuel market takes off after a long hiatus; airlines eye sustainable fuels

<p>The Asian jet fuel market is finally witnessing renewed interest after COVID-19 unleashed an unprecedented crisis in the aviation industry. <a title= "Asia-Pacific airlines, jet fuel demand see glimmer of hope as vaccination rates rise" href= "https://www.spglobal.com/platts/en/market-insights/latest-news/oil/101321-asia-pacific-airlines-jet-fuel-demand-see-glimmer-of-hope-as-vaccination-rates-rise" target="_blank" rel="noopener">Heightened vaccination rates</a> in many Asian countries, relaxation of zero-COVID tolerance policies by many countries, and the introduction of <a title= "Singapore Airlines VTL flights spark renewed optimism for Asian jet fuel demand" href= "https://www.spglobal.com/platts/en/market-insights/latest-news/oil/111621-singapore-airlines-vtl-flights-spark-renewed-optimism-for-asian-jet-fuel-demand" target="_blank" rel="noopener">vaccinated travel lanes</a> by various countries has boosted jet fuel prospects. The optimism around air travel bodes well for jet fuel demand and prices. With aviation's environmental impact also in focus, many Asian airlines are forging ahead with the use of <a title= "Analysis: Korean Air's ESG push set to propel South Korea's eco jet fuel output amid other challenges" href= "https://www.spglobal.com/platts/en/market-insights/latest-news/energy-transition/092121-analysis-korean-airs-esg-push-set-to-propel-south-koreas-eco-jet-fuel-output-amid-other-challenges" target="_blank" rel="noopener">sustainable aviation fuel</a>.</p> <p>In a discussion with S&P Global Platts Senior Editor for Petroleum News Surabhi Sahu, Head of global demand and Asia analytics Dr Kang Wu and Associate Editor Oil markets Amy Tan share their insights into what the future holds for the jet fuel market and the feasibility of the widespread adoption of sustainable aviation fuels.</p>