The Chinese government has raised domestic jet fuel prices to CNY7,465 ($1,186) per ton, up 1.43% from CNY7,360 per ton in January, dealing another blow to Chinese carriers that have already suffered from a decline in domestic market demand and air fares following the Chinese Spring Festival. This is the first fuel price hike this year. In January, the Chinese government cut domestic jet fuel prices by 3.83% (ATW Daily News, Jan. 5). Since July 2011, Beijing has made monthly adjustments ...

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