Fuel surcharges to drop in China

Fuel surcharges to drop in China

Fuel surcharges on domestic flights in China are set to drop after the government cut the cost of jet fuel for the third time this year. The National Development and Reform Commission (NDRC), China’s top economic planning body, has cut ex-factory jet fuel prices to CNY7,277 (US$1,150) a tonne from CNY7,501. Analysts told Chinese state media that fuel surcharges on domestic routes may be cut by up to CNY30 in the coming days as a result. Surcharges on sectors over 800km currently stand at CNY140.

Mark Elliott
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Mark Elliott
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