Chinese carriers at Beijing International. By Rob Finlayson The Chinese government cut domestic jet fuel prices to CNY7,503 ($1,174) per ton, down 2.2% from CNY7,670 in September, the second price reduction this year (ATW Daily News, Sept. 9). Fuel costs comprise more than 40% of Chinese carriers’ operating expenses. China Southern Airlines, which operates 80% of its flights on domestic routes, could see fuel costs reduced by CNY440.5 million annually because of the ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.