) have also warned of an extended crisis, with few analysts predicting a return to previous conditions until 2023 or 2024.
Jet fuel demand averages about 8 million barrels per day . IEA said on Wednesday it expected demand for jet fuel and kerosene to fall by 2.1 million bpd on average in 2020, or 26%. “We see some normalisation only in 2021,” said JBC Energy Asia’s managing director Richard Gorry, who sees a drop of 70% in jet demand in the second quarter of 2020.Some analysts believe the shift of businesses to a virtual arena during mandatory lockdowns might not disappear entirely once the coronavirus goes away. For finance directors, the crisis could be a tempting chance to reduce office, event and travel costs until economies grow and pressure to do business face-to-face resumes.
“Technology improvement is a key reason why we don’t think business travel will resume sharply any time soon,” he said.
Jet fuel is one of the biggest overheads in the aviation industry yet there still isn't a solution to the polluting and wasteful practice of fuel dumping prior to landing. Maybe now they'll find a more efficient way to save it with their backs to the financial wall.
How quickly does aviation fuel go off in the tanks & pipes? What happens to it when it does? Are we keeping aeroplanes in the air so that the fuel supply system remains ready to step up?
cclbahocomd The earth has had a little breather but as soon as we're out of the coronavirus woods it's back to business as usual (or even harder to catch up) choking the life out of it again. We've got to find better solutions, our polluting parasitic ways are not sustainable. 🏭🛢️⛽🚙💨🥀👀
Maybe the earth gets another hour or two out of this.
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