The Chinese government has raised domestic jet fuel prices 1.43% to CNY6,820 ($1,079) per ton as international fuel prices stabilize. Beijing has adjusted domestic jet fuel prices every month as costs fluctuate. Last month Beijing cut domestic fuel prices 9% to CNY6,724 per ton (ATW Daily News, July 3). Fuel costs account for more than 40% of China’s big three carriers’ total operating expenses. China Southern Airlines, which operates 80% of its flights on domestic routes, ...

Subscribe to Access this Entire Article

"Beijing raises domestic fuel prices 1.43%" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.