Japan plans to increase production and imports of jet fuel to respond to growing tourist demand. This was reported by Reuters, according to UNN.
Details
The Japanese government has announced plans to increase production and imports of jet fuel to respond to growing demand for flights in the context of a growing tourism boom. The initiative is aimed at overcoming the recent shortage of jet fuel, which temporarily halted the development of international air travel and the introduction of new routes.
Following the reintroduction of visa-free travel at the end of 2022 and the country's increased attractiveness to foreign tourists due to the yen's fall to a 38-year low, tourism to Japan has recovered. The government hopes that increased production and imports of aviation fuel will help ensure the stable development of the country's aviation sector and contribute to further growth in tourist arrivals.