Fuel
Lack of Flying Leads To Jet-A Oversupply
With reduced demand canceling countless commercial flights, the supply of jet fuel is increasing as available storage space declines.
While the five-day shutdown of the Colonial Pipeline, a major artery that supplies petroleum fuels to the U.S. East Coast, caused panic among motorists in the Southeastern part of the country, FBOs have thus far seen relatively minor effects, if any, in their scheduled fuel deliveries.
While the five-day shutdown of the Colonial Pipeline, a major artery that supplies petroleum fuels to the U.S. East Coast, caused panic among motorists in the Southeastern part of the country, FBOs have thus far seen relatively minor effects, if any, in their scheduled fuel deliveries.

As commercial airlines continue to cancel flights as a result of the Covid-19 pandemic, the situation has resulted in the lowest demand for Jet-A since the aftermath of the 9/11 terror attacks in 2001. The Airports Council International (ACI) recently noted that it predicts close to 38.1 percent of global passenger traffic will be lost in 2020, equating to 3.6 billion passengers. That curtailing of global flights has led to an oversupply in the amount of available Jet-A.