"Domestic travel is picking up in some markets, but this is not enough to sustain the industry." Among Asian aviation markets hurt by the pandemic, scheduled flights in Malaysia were down 73.1% year-on-year in the week to Monday, compared with a 64.5% drop in the prior week, according to aviation data firm OAG. Around 90% of all flights from Malaysian airports are for domestic routes, which have also fallen by 40% in the most recent week due to a resurgence in COVID-19 cases and new travel restrictions, OAG data showed.
SINGAPORE: Asian refining margins for jet fuel dipped on Wednesday as coronavirus-led travel restrictions continued to impede aviation demand with thousands of flights still grounded across the region.
Despite weaker raw material crude prices, refining profit margins, or cracks, for jet fuel in Singapore slipped to $1.52 per barrel over Dubai crude during Asian trading hours.
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