2-Oct-2009 11:00 AM

Air China increases jet fuel purchases in Aug-2009; China's refiners increase jet kerosene output

Air China reportedly increased its jet fuel purchases in Aug-2009 to 68,000 barrels per day, the highest level in at least 16 months, following a 40% increase in passenger demand among China’s four major airlines (which account for almost three quarters of China’s aviation market) in the month (Argus, 01-Oct-2009). China's refiners have been adding extra capacity and operating at record levels. Jet-kerosene output rose more than 10% in 1H2009, while diesel output fell by 1%.