Aug 18, 2020 - Economy

New data illustrate the jet fuel demand collapse

Data: TSA; Chart: Axios Visuals
Data: TSA; Chart: Axios Visuals

Newly released data from the Transportation Security Administration show that U.S. air travel is slowly coming back but remains nowhere near pre-pandemic levels.

Why it matters: The massive global drop-off in air travel is one major reason why oil demand has fallen so much this year.

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