China will not raise domestic jet fuel surcharge

BEIJING (XFNews-ASIA) - China will not increase jet fuel surcharges on domestic routes, Chinanews.com reported, contrary to reports.

The Guangzhou Daily newspaper earlier reported that China's three major airlines - Air China, China Southern and China Eastern - reached an agreement to raise the jet fuel surcharge to 100 yuan from 60 for routes over 800 kilometers, while the surcharge for flights under 800 kilometers would rise to 50 yuan from 30.

Xu Kunlin, Vice Director of the Pricing Department in the National Development and Reform Commission (NDRC), was quoted as saying that the NDRC has not received any appeal or application from domestic airlines to raise prices. As such it will not increase the jet fuel surcharge for the moment.

Last week, the NDRC raised the prices of gasoline, diesel, and kerosene by 500 yuan per ton, the second hike this year.

(1 usd = 8.00 yuan) 

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More