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steadybase-$ person Mike Hennigan
nameMike Hennigan
roleCEO
linkedin none on file
contactnot published
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2022-11-01 earnings-call quote receipt
quotes
Demand remains resilient, largely driven by the removal of globally imposed mobility restrictions and the pent-up desire to travel. Jet fuel demand continued its recovery up nearly 20% from the same quarter last year, with the increased resumption of travel. Gasoline demand remained very resilient through the quarter in part due to the start of the summer driving season.

Aug 2, 2022 / CEO / receipt, needs a key / Mike Hennigan, CEO | earnings call 2022-08-02 | transcript fc7b2217-f00a-46fd-a866-c57eeff73bd4 | chars 1276-1649 | segment 1

While jet demand reached post-pandemic highs in the fourth quarter, it's still roughly 15% below 2019 levels as business travel remains suppressed, but we expect to see recovery in that this year as well.

Feb 2, 2022 / CEO / receipt, needs a key / Mike Hennigan, CEO | earnings call 2022-02-02 | transcript f4a6aaa5-b09f-45f5-a572-f8f53e584f74 | chars 1627-1831 | segment 1

Despite the growing levels of personal passenger traffic, we continue to see an absence of the longer haul international flights and business travel.

Aug 4, 2021 / CEO / receipt, needs a key / Mike Hennigan, CEO | earnings call 2021-08-04 | transcript 7bd8c099-c8f1-431f-b377-d2dc18a7754f | chars 1773-1922 | segment 1

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