The Chinese government has raised domestic jet fuel prices 11% to CNY7,583 per ton ($1,195) as international fuel prices escalate.
Chinese aircraft at Beijing. By Rob Finlayson The Chinese government has raised domestic jet fuel prices 11% to CNY7,583 per ton ($1,195) as international fuel prices escalate. Beijing has adjusted domestic jet fuel prices every month this year as costs fluctuate. Last month, domestic jet fuel prices were raised 1.43% to CNY6,820 per ton (ATW Daily News, Aug. 2). Fuel costs, which account for more than 40% of China’s big three carriers’ total operating expenses, ...
Subscribe to Access this Entire Article
"Beijing raises domestic jet fuel prices 11%" 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.