LINE

Text:AAAPrint
Business

Airlines' fuel surcharge fees may decrease in Dec

1
2012-11-28 08:52:05chinadaily.com.cn ECNS App Download

The airlines' fuel surcharge fees in China are expected to be cut by 10 yuan ($1.61) in December, the Beijing News reported on Tuesday。

The dutiable CIF price of Singapore jet fuel decreased 326 yuan per metric ton from last month to 7,476 yuan per ton, according to a report from SCI, a commodities information provider。

  In accordance with the linkage mechanism between fuel surcharges and aviation fuel prices issued by the National Development and Reform Commission in November 2011, if decreases in fuel prices exceed 250 yuan per ton there will be downgrade adjustments。

  Since August 2011, the aviation industry has gradually started to adopt market-fixed ex-factory prices for aviation kerosene, which are adjusted once a month。

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.