Asia’s Air Travel May Take Three Years to Recover From Pandemic

Bloomberg2021-07-15

Region’s recovery is lagging behind pace in the U.S., Europe. Delta’s spread, renewed lockdowns set back border reopenings. Asian air travel may take another three years to recover fully from the ...

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精彩评论

BabySim
2021-07-15
BabySim
Comment
Philipthean8
2021-07-15
Philipthean8
Yes. If would take very long time to recover .it will no longer the same like last time we Ccan take short flight go to nearby country such as Thailand/ malaysia /indonesia/ Philippine on weekend a come back to work on Monday . Those day is over
- BabySim:
  Ok
7b268a9e
2021-07-15
7b268a9e
Cool
- JANICELSJ:
  Ok
iamjingxian
2021-07-15
iamjingxian
cool
Jfamily
2021-07-15
Jfamily
@慢的老人 see...
- iamjingxian:
  cool
Soksok
2021-07-15
Soksok
Like

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All that means Asia’s aviation industry is unlikely to offer significant support to the region’s hard-pressed refineries, which process crude from the Middle East and elsewhere into fuels.\nBoth North America and Europe have seen strong demand during the holidays, with the European Union relaxing quarantine and lockdown requirements, according to Mayur Patel, regional sales director for Japan and Asia Pacific at OAG, an aviation analytics firm. “Sadly, the same cannot be said for Asia, where the low level of vaccination rates, sudden and sharp lockdowns, and inconsistent regulations frustrate any real attempt at a recovery,” he said.\nJust this week, Indonesia -- the largest economy in Southeast Asia -- surpassed India’s tally of daily cases, marking a new center for the highly-contagious delta variant. Elsewhere, Malaysia has been struggling to contain a recent outbreak, Seoul in South Korea has imposed its toughest restrictions yet, and Japan is preparing to host the Olympic Games without spectators.\nBubble Trouble\nWhile therehave been signssome countries including Singapore are rethinking their Covid-zero stance to open up, it’s likely international travel will still take longer than the rest of the world to restart. Australia’s plan to launch a quarantine-freetravel bubblewith the city-state is now more likely to occur only by the end of the year, according to an Australian diplomat.\n“We expect passenger traffic for international Asia-Pacific to restart in early 2022 at the earliest,” an IATA spokesperson said in an email interview. “We don’t think that the variant situation will improve, so governments are unlikely to start lifting controls before vaccination becomes sufficiently widespread to limit community contagion.”\nThat means a longer struggle for Asian refiners. Given the differentiated recovery, some processors have been looking to Europe and the U.S. as outlets for jet fuel, shipping more toboth regions. With lackluster demand, the margin for making jet fuel in Asia has sunk to $5.99 a barrel at Wednesday’s close compared with $15.54 in December 2019, Bloomberg Fair Value data show.\nAsia’s jet fuel usage accounted for a third of global consumption in 2019, according to Energy Aspects. Right now, the region’s overall flight numbers -- domestic and international -- are 70% of pre-virus levels, but ifChinais excluded are only 40%, according to George Dix, an analyst. “We currently expect Asian jet demand will not reach pre-pandemic levels until 2023-2024, although domestic travel will have largely recovered by the end of 2022.”\nGiven the challenges, regional refiners will continue to redirect kerosene, which includes jet fuel, into the gasoil pool this quarter,aiming totap into winter fuel heating demand the following quarter, according to Sri Paravaikkarasu at energy consultancy FGE. “The full recovery of international air travel has a long way to go,” she said.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":147982343,"gmtCreate":1626327523282,"gmtModify":1633927814183,"author":{"id":"3579673211261157","authorId":"3579673211261157","name":"BabySim","avatar":"https://static.tigerbbs.com/5c6f0cd54fab9f24929e66e54e08e3aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579673211261157","idStr":"3579673211261157"},"htmlText":"Comment&nbsp;","listText":"Comment&nbsp;","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147982343","repostId":1158294193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147997561,"gmtCreate":1626325489453,"gmtModify":1633927829864,"author":{"id":"3562228753214209","authorId":"3562228753214209","name":"Philipthean8","avatar":"https://static.tigerbbs.com/a64d44f91f21979956dc4a5f98710d97","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3562228753214209","idStr":"3562228753214209"},"htmlText":"Yes. If would take very long time to recover .it will no longer the same like last time we Ccan&nbsp;take short flight go to nearby country such as Thailand/ malaysia /indonesia/ Philippine on weekend a come back to work on Monday . Those day is over&nbsp;","listText":"Yes. If would take very long time to recover .it will no longer the same like last time we Ccan&nbsp;take short flight go to nearby country such as Thailand/ malaysia /indonesia/ Philippine on weekend a come back to work on Monday . Those day is over&nbsp;","text":"Yes. If would take very long time to recover .it will no longer the same like last time we Ccan take short flight go to nearby country such as Thailand/ malaysia /indonesia/ Philippine on weekend a come back to work on Monday . Those day is over","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/147997561","repostId":1158294193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5226297,"gmtCreate":1626327517673,"gmtModify":1635228785350,"authorId":3579673211261157,"author":{"id":3579673211261157,"idStr":"3579673211261157","authorId":3579673211261157,"name":"BabySim","avatar":"https://static.tigerbbs.com/5c6f0cd54fab9f24929e66e54e08e3aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147997561,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":147078848,"gmtCreate":1626323795084,"gmtModify":1633927849035,"author":{"id":"3575008828232704","authorId":"3575008828232704","name":"7b268a9e","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3575008828232704","idStr":"3575008828232704"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/147078848","repostId":1158294193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5225994,"gmtCreate":1626324592942,"gmtModify":1635228805985,"authorId":3579777216498074,"author":{"id":3579777216498074,"idStr":"3579777216498074","authorId":3579777216498074,"name":"JANICELSJ","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147078848,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":147061886,"gmtCreate":1626320594245,"gmtModify":1633927879408,"author":{"id":"3581622136793314","authorId":"3581622136793314","name":"iamjingxian","avatar":"https://static.tigerbbs.com/4a7d55045354c9b1e5e00823a79034b4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3581622136793314","idStr":"3581622136793314"},"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147061886","repostId":1158294193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":147082466,"gmtCreate":1626320187455,"gmtModify":1633927884794,"author":{"id":"3581650998573030","authorId":"3581650998573030","name":"Jfamily","avatar":"https://static.tigerbbs.com/a3aebdda0a7db817f943bd9c7990f11b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3581650998573030","idStr":"3581650998573030"},"htmlText":"@慢的老人 see...","listText":"@慢的老人 see...","text":"@慢的老人 see...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/147082466","repostId":1158294193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5225554,"gmtCreate":1626320602939,"gmtModify":1635228839515,"authorId":3581622136793314,"author":{"id":3581622136793314,"idStr":"3581622136793314","authorId":3581622136793314,"name":"iamjingxian","avatar":"https://static.tigerbbs.com/4a7d55045354c9b1e5e00823a79034b4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147082466,"type":1,"supId":0,"prevId":0,"content":"cool","text":"cool","html":"cool"}],"langContent":"CN"},{"id":147018082,"gmtCreate":1626319239246,"gmtModify":1633927893351,"author":{"id":"3579684763801587","authorId":"3579684763801587","name":"Soksok","avatar":"https://static.tigerbbs.com/03c4a8d2787d3c5042bccff3b0bb60f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579684763801587","idStr":"3579684763801587"},"htmlText":"&nbsp;Like&nbsp;","listText":"&nbsp;Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147018082","repostId":1158294193,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":111,"commentSize":19,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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