China's airlines are bracing for a CNY140 ($20.70) per ton increase in domestic fuel costs after the Chinese government announced it is raising its domestic fuel price from CNY5,470 to CNY5,610 per ton. Industry analysts note that fuel costs account for more than 40% of carriers' total operating expenses on domestic routes. China Southern Airlines, the largest domestic airline, estimates its annual fuel bill will increase by CNY336 million-CNY358.4 million. China Eastern Airlines ...

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