CTC: Many factors could contribute to the price of jet fuel

28 June, 2023

CTC - Corporate Travel Community executive director Benson Tang, speaking at the CTC Singapore Corporate Travel Summit, stated (27-Jun-2023) "One of the most important factors is the price of fuel", adding: "In May-2022 we saw a peak in jet fuel which has gone down continuously and let's hope that trend continues". Dr Tang said: "However, there are many factors that could contribute to ups and downs of fuel price including geopolitical situations and the uncertainty around that".