Global air travel has exceeded equivalent 2019 levels for the first time since the COVID-19 pandemic according to flight tracker RadarBox.

• Commercial flights -- a proxy for jet fuel demand -- rose to average 92,672 in the week to Jan. 8, 4.3% higher than the same week in 2019.
• The data showed significant growth in flights in the US and Europe. China remains the key potential upside for jet demand as lockdowns ease.
• OAG has predicted a full recovery in global air travel is unlikely before 2025.