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Asian jet fuel demand softens as global seat capacity extends decline

October 11, 2023 Comments Off

Asian jet fuel demand softened amid a second week of declines in global seat capacity, with the key aviation region of Northeast Asia accounting for a large segment of domestic capacity reduction. “Global capacity this week falls again, dropping down to 110.5 million, which is a decrease of 1.1% [week on week] and equivalent to 1.3 million seats coming out…