America and Europe are leading a slow but steady recovery in global airline seat capacity and travel, which is driving up demand for jet fuel. Aviation fuel demand will not return “to normal” until at least 2023, analysts have said. But as the summer begins in the northern hemisphere, major destinations are re-opening, and tourists are eager to board a plane to a sunny destination this summer. Globally, capacity improved by nearly 1 percentage point to reach 62 percent of 2019 levels, according to OAG data used in Bloomberg’s…
