On the back of global inflatio

2022-07-01

On the back of global inflationary pressures and the supply concerns have been on a sharply risingtrend.Fuelled by a widened crack spread, the increase in jet fuel price was even steepernow standing at over US$180/bbl and matching the historical high last seen in 2008.The high jet fuel prices are expected to lead airfares to stabilise at a higher equilibrium level.

While we believe that the strong pent-up air travel demand being fulfilled currently and in the upcoming months would be relatively more inelastic to higher airfares a sustained high jet fuel price(and the resultant high airfares) may eventually dampen the air travel demand in the longer term.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

en0522
2022-07-02
en0522
Ok
SirYang
2022-07-02
SirYang
.
Mokumen
2022-07-02
Mokumen
No
kwk
2022-07-01
kwk
like
cbl99
2022-07-01
cbl99
👍
Dave0123
2022-07-01
Dave0123
ok

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