Give detail power of supplier for Air plane
Give detail power of supplier for Air plane YKWpQ
For businesses operating in the transportation sector, the main and most important supply is jet fuel, specifically gasoline. Gasoline prices in recent years have fluctuated in an upward direction. In 2020 and 2021, the average gasoline price fluctuates strongly in an upward direction but is still under control. At the same time, according to Sri Paravaikkarasu, Asia director of oil at consulting firm FGE, Asia's jet fuel demand is forecast to grow to 1. 8 million barrels by year-end, up from the average. 1. 5 million barrels in September 2021 but still down from the pre-pandemic average of about 2. 3 million barrels. However, in recent times, in the face of the tense situation of the conflict between Russia and Ukraine, the price of gasoline has increased to a record high, some analysts predict that the price of crude oil will quickly reach the threshold. 150 USD/barrel, exceeding the record price of 147 USD/barrel in 2008. The cost of input fuel for aircraft increased to the highest level in many years, and this is also the expense that accounted for a large proportion in the year. Because of the cost of air transportation, the high fuel price has a great impact. According to estimates by Vietnam Airlines: If the price of jet fuel remains at 130 USD/barrel for the whole year of 2022, the estimated cost will increase by 5, 700 billion VND; if it goes up to about USD 160/barrel, the cost will increase to 9, 120 billion VND, exacerbating the expected loss in 2022. Many airlines have consulted with the government about supporting the adjustment of the ceiling. airfare or even a 100% environmental tax exemption to get through this difficult time.
For businesses operating in the transportation sector, the main and most
important
supply is jet
fuel
,
specifically
gasoline
.
Gasoline
prices
in recent years have fluctuated in an upward direction. In 2020 and 2021, the average
gasoline
price
fluctuates
strongly
in an upward direction
but
is
still
under control. At the same time, according to Sri Paravaikkarasu, Asia director of oil at consulting firm FGE, Asia's jet
fuel
demand is forecast to grow to 1. 8 million barrels by year-
end
, up from the average. 1. 5 million barrels in September 2021
but
still
down from the pre-pandemic average of about 2. 3 million barrels.
However
, in recent times, in the face of the tense situation of the conflict between Russia and Ukraine, the
price
of
gasoline
has increased to a record high,
some
analysts predict that the
price
of crude oil will
quickly
reach the threshold. 150 USD/barrel, exceeding the record
price
of 147 USD/barrel in 2008. The
cost
of input
fuel
for aircraft increased to the highest level in
many
years, and this is
also
the expense that accounted for a large proportion in the
year
.
Because
of the
cost
of air transportation, the high
fuel
price
has a great impact. According to estimates by Vietnam Airlines: If the
price
of jet
fuel
remains at 130 USD/barrel for the whole
year
of 2022, the estimated
cost
will increase by 5, 700 billion VND; if it goes up to about USD 160/barrel, the
cost
will increase to 9, 120 billion VND, exacerbating the
expected
loss in 2022.
Many
airlines have consulted with the
government
about supporting the adjustment of the ceiling. airfare or even a 100% environmental tax exemption to
get
through this difficult time.
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