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Since the National Development and Reform Commission announced in July the reform of the jet fuel pricing mechanism in January, the domestic jet fuel price in November will be lowered for the third time this year.

　　 Yesterday, it was learned from domestic airlines that the airlines have received notice that starting from 0:00 on November 1, the ex-factory price of domestic aviation kerosene will be lowered from 7,501 yuan/ton in October to 7,277 yuan/ton. Airlines The overall cost of purchasing jet fuel from China Aviation Oil has also been reduced from 7,503 yuan/ton in October to 7,279 yuan/ton, a decrease of 224 yuan/ton.

　　 This is the third reduction in domestic jet fuel prices this year. In the first two months, the ex-factory price and comprehensive procurement cost of domestic jet fuel have been reduced by 100 yuan/ton per month.

　　 In July of this year, the National Development and Reform Commission announced the reform of the jet fuel pricing mechanism. From August, the ex-factory price will be adjusted month by month, and the direction is to gradually realize market-based pricing. The ex-factory price of aviation kerosene is based on the principle that it does not exceed the imported CIF price in the Singapore market and is determined through negotiation between the supplier and the demander. It is adjusted once a month, and the price adjustment time is the 1st of each month.

　　On the basis of the ex-factory price, comprehensively considering the changes in the quantity and price of imported jet fuel by CAO, what is determined is CAO's comprehensive purchase cost price. This price plus the difference between the purchase and sale prices of airports in various regions, is the aviation industry The price the company pays for purchasing jet fuel from China Aviation Oil.

Currently, Air China (601111, shares) (601111.SH; 00753.HK), China Eastern Airlines (600115, shares) (600115.SH, 00670.HK), China Southern Airlines (600029, shares) (600029.SH) (; 01055.HK) jet fuel costs have exceeded 40% of the total cost, jet fuel expenditure is also the largest cost expenditure of airlines. The price of jet fuel is lowered again this time, which also means that airlines' cost expenditure will drop.

　　 Minsheng Securities analyst Zhang Zhuo once predicted that NYMEX oil prices are expected to hit $60/barrel in the second half of this year. It is expected that the increase in oil prices for the whole year of 2011 will remain within 5%, and the fuel cost pressure of airlines will be significantly reduced in the second half of the year.

　　 For airlines, the increasing frequency of jet fuel price adjustments also means that the frequency of adjustments to fuel surcharges for domestic flight segments will increase. It is understood that the airline has not yet received notice of lowering the fuel surcharge. However, some analysts predict that the major airlines' fuel surcharges will be lowered accordingly in the next few days, with an estimated range of 20-30 yuan.