China Southern A320. Photo: By Rob Finlayson. The Chinese government raised domestic jet fuel prices to CNY6,840 ($1,044) per ton, up 7.9% from CNY6,340 per ton in February, in response to escalating oil prices. This is the second price hike this year (ATW Daily News, Feb. 23). 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 its fuel costs increase by ...

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