Cheaper flights on cut to fees
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China.org.cn, January 5, 2012
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China plans to lower jet fuel prices by 300 yuan per ton next month. [File photo] |
![China plans to lower jet fuel prices by 300 yuan per ton next month. [File photo]](http://images.china.cn/attachement/jpg/site1007/20120105/002564baa018106f470b01.jpg "China plans to lower jet fuel prices by 300 yuan per ton next month. [File photo]")
Flying will become cheaper as Chinese airlines begin to trim fuel surcharges on domestic routes from today as jet fuel prices decline.
The fuel surcharge on domestic routes longer than 800 kilometers will be cut to 130 yuan (US$20.64) per passenger from the previous 140 yuan, while the fee on other routes will remain at 70 yuan, Air China and Shandong Airlines announced on their websites yesterday.
China is expected to lower jet fuel prices by about 300 yuan per ton in January as international crude oil prices continue to drop, China Securities Journal reported last week.
The country’s top economic planner initiated a fuel price reform in July this year, under which jet fuel prices have been adjusted on a monthly basis since August. Next month's adjustment will be the sixth since the reform.
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