Fuel surcharge increases to 40-70 Yuan/km

Domestic flights from today onwards increases fuel surcharges

Yesterday, as the national development and Reform Commission improve aviation fuel prices increase, the major domestic airlines respond immediately, from today onwards to substantially enhance aviation fuel surcharges levied on domestic routes.

Of which 800 km (inclusive) in the following sectors, each passenger charged RMB 40 Yuan, 800 kilometers of the sectors, each passenger to receive $ 70 RMB.

Super 800 kilometers more spending $ 30

Reporter yesterday from youyi travel network is aware that the site has received the Air China, Xiamen Airlines flights on the East, such as Virgin, airline fuel surcharge increase domestic routes.

Starting from midnight today, 800 km (inclusive) in the following sectors, each passenger charged RMB 40 Yuan, 800 kilometers of the sectors, each passenger to receive $ 70 RMB.

It is learnt that the aviation fuel surcharge increase doubled around 800 km (inclusive) of the following flight each passenger from $ 20 to $ 40, 800 km flight each passenger from $ 40 to $ 70.

According to China Shenzhen branch related parties, China Southern also has made the adjustments, fare increases and other airlines.

At the same time, this reporter has learned that the airlines were equally to domestic fuel surcharge is upward.

Upward surcharge reduction of operational costs

Industry analysts believe that the airline fuel surcharge increase substantially to reduce operational costs.

According to the national development and Reform Commission, from 26 October to start, improve aviation kerosene prices, airlines (Forum News) empty main used 3 spray fuel price increases 220 Yuan/ton-5690 Yuan/ton.

According to reports, since the cost of aviation fuel are over air China, China Eastern, China Southern Airlines these three State-owned airline in the total costs of 40%, so every time Cao price adjustment, a certain impact on airline companies.

Of these, some domestic routes account for a large proportion of airlines within the influence of China Aviation oil price adjustments are also increasing.

In accordance with the calculation of the annual financial report 2009, China Southern, Air China, China Eastern Airlines respectively consume aviation kerosene about 331 million tons, 299.66 tons and 260 million tons.

As the largest shipping domestic oil accounted for 70% to 80%, according to the domestic aviation fuel price of $ 220 per ton increase, year three airlines is expected to increase costs in respectively 4.0 ~ 5.8 billion.

Although the current domestic aviation industry started to enter the low season, prices become airline sales strategy.

But the major airlines are still substantial consensus, this increase the fuel surcharge is considered to cover the cost of aviation fuel.

However, according to sources, from 1 October this year, the CAAC have according to the spirit and file down aviation fuel purchase price, the fourth quarter was integrated procurement costs for 5490 Yuan/ton (a third-quarter decline in 120 Yuan/ton).

Therefore, the above factors into account, the first three quarters of aviation oil price less actual price increase of only 80 Yuan/ton.

This year, the air transport market Super expected

26 October, the largest airlines Air China (601111), Southern Airlines (600029) Eastern Airlines (600115) stock up 3.95% respectively, 5.18% and 6.06% maintained since October rally.

Aviation fuel prices increases the operating costs of airline companies, Shenzhen Airlines, said the price adjustment in expected, at the same time as the domestic airline industry overall demand and therefore the price of aviation fuel for domestic airline industry overall impact is not big, this year the domestic aviation market will achieve hyper-expected development.

Data show that domestic airlines in the first three quarters of the net profit record year high.

One of China's aviation 1 ~ in September, the estimated revenue year-over-year increase 2204 billion, significantly higher than the 47% of the previous market analysts estimate of 30%. Q3 China Aviation before realized net profit of 288.8 billion yuan, an increase of 417% to a record high.

At the same time, the aviation operational efficiency up dramatically.

2010-1-9-month cumulative with airlines 22.9%, gross profit rose by nearly 10%. Net profit increases from fare levels and kezuolv's dramatically.

According to CAAC 25 October published data, it is estimated that by the end of this year, China's civil aviation passenger traffic volume will exceed 2.66 million, compared to 15 end nearly doubled.

Essence securities analysts believe that the next few days, the airline will usher in a beautiful three quarterly bulletin, and the appreciation of the renminbi and the excitement of the games, and other factors, this year the four quarterly year-on-year increase is the probability of an event.