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New fuel surcharge pricing mechanism for China


China’s National Development and Reform Commission (NDRC) and CAAC announced a new fuel surcharge pricing mechanism that will allow Chinese carriers to set their fuel surcharges based on their individual jet fuel costs. [786 words]

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  • Chinese airlines respond immediately, with increased fuel surcharges
  • China raises jet fuel prices by 6.5%
  • Increases in fuel prices and surcharge a concern for China‚Äôs airlines
  • Year-to-date profits among the majors attributable to fuel hedging gains
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