hot wire! The air ticket money during the Spring Festival transportation can be saved again!
Air China, HNA and other airlines announced that they would cancel the collection of fuel surcharges on Chinese routes from 0:00 on January 5.
Affected by this, the airport shipping sector rose across the board on January 4, and all component stocks rose to varying degrees.
cancellation of fuel surcharge on Chinese routes
According to China Central Television finance and economics, according to the spirit of relevant documents of the national development and Reform Commission and the Civil Aviation Administration, the collection of China route fuel surcharge will be cancelled from 0:00 on January 5, 2022 (ticket issuing date).
So far, Air China Limited(601111) , Hainan Airlines, Tianjin airlines, Kunming Airlines, Guilin airlines, Western Airlines, Ruili airlines and other airlines have issued a notice to cancel the collection of fuel surcharges on Chinese routes.
It is reported that the cancellation of the fuel surcharge is expected to reduce the cost of consumers buying spring festival air tickets. For example, the distance from Beijing Capital Airport To Chengdu Shuangliu Airport is about 1697 km, and the cost of each ticket will be 20 yuan lower than that of last month (December 2021).
It is reported that the cancellation of the levy is also the result of the decline in aviation fuel prices. Last Friday (December 31, 2021), the international oil price fell by more than 2%, ending the rise for seven consecutive trading days.
On November 1, 2021, the Levy of fuel surcharge will be resumed. The standard for levying fuel surcharge on Chinese routes is that except for special groups such as infants, children and revolutionary disabled soldiers, adult passengers will charge a fuel surcharge of 10 yuan per passenger on routes less than 800 km and 20 yuan per passenger on routes more than 800 km.
linkage between fuel surcharge and aviation kerosene price
According to the interface news, in China’s civil aviation industry, the additional fuel for passenger transportation on Chinese routes adopts the mechanism of linkage with the price of aviation kerosene, the aviation transportation enterprises independently determine the standard within the specified range according to the price change of aviation kerosene.
As early as 2009, the national development and Reform Commission and the Civil Aviation Administration established a linkage mechanism between passenger transport fuel surcharges and aviation kerosene prices on civil aviation routes in China, which is independently determined by aviation transportation enterprises according to the price changes of aviation kerosene; In 2011 and 2015, the national development and Reform Commission and the civil aviation administration improved the linkage mechanism of fuel surcharges, and the unit charge rate of fuel surcharges decreased year by year; From February 2015 to may 2018, there was no fuel surcharge due to the continuous decline of oil prices in the international market.
By June 5, 2018, airlines resumed the collection of fuel surcharges on Chinese routes. Since then, the fuel surcharges on Chinese routes have been increased three times in less than a year; It will be lowered again after December 5, 2018. Until January 5, 2019, airlines will suspend charging fuel surcharges for Chinese routes.
The resumption of the Levy in November 2021 and the announcement of the cancellation of the levy are also affected by the fluctuations of international oil prices.
(Daily Economic News)
