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| Friday, March 12, 2010 23:40:51 |
Fuel Surcharge Hike a ¥8b Windfall for Airlines
The recently raised aviation fuel surcharge will bring ¥8.2 billion ($1 = ¥6.83) extra in revenue for China's civil aviation industry next year, a Citic Securities analyst has predicted. The increase lifting the nation's aviation fuel price to ¥4,140 per metric ton allows carriers to charge ¥20 more per person for flights shorter than 800km ...
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