China’s air carriers miss boat on savings from fall in oil to 5-1/2 year low

Mainland China carriers may be feeling the impact of the recent oil price plunge in a more painful way compared with their peers, as domestic oil prices did not match the fall seen in the international market and is a lot less given how much the centrally-set fuel surchar

via South China Morning Post - Business feed http://ift.tt/1y62WPn