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Aviation

Fuel Surcharge Hike a ¥8b Windfall for Airlines
By TONY JIN
Published: November 17, 2009 03:42 PM
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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