Chinese authorities raise jet fuel prices 5%

China Aviation Oil Supply Corp. raised fuel prices 5%, or CNY300 ($37.59) per tonne, effective July 21 in order to cut its own operating losses, Reuters reported. Prices will be adjusted every three months based upon the previous quarter's ex-refinery and import rates. CAOSC has been forced to raise...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.