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Jet fuel cost rise in Asia

Singapore - Demand raise push up prices

This year is awaited a raise of the jet fuel demand. In Singapore market, the cost of a jet fuel barrel is about USD 38,00 these days. Liu Jih-Shang, general manager in the fuel administration department at China Airlines, says the ideal price for companies is around USD 25 for barrel and he adds that unlikely this year the price for barrel is going to increase for the dollar crisis and the jet fuel...

AVIONEWS - World Aeronautical Press Agency - 58888
Rome, Italy, 02/23/2004 18:07
AVIONEWS - World Aeronautical Press Agency

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