Asia's strong jet fuel margins at risk from high cost to airlines
Koustav Samanta, Reuters
September 05, 2018
Who was cited:
Sri Paravaikkarasu, FGE Director of Asia Oil and Head of East of Suez Oil Service
Asian airlines may have to raise airfares to mitigate costs from high jet fuel prices, analysts said, a move that would likely cap booming growth in aviation demand and slash jet fuel margins that are seasonally at their strongest in five years.