Chinese Airlines to Apply Fuel Surcharge On Friday as Oil Prices Rise

Chinese Airlines to Apply Fuel Surcharge On Friday as Oil Prices Rise
China Eastern Airlines aircraft are seen on June 4, 2020 parked on the tarmac in Hongqiao International Airport in Shanghai, China following the COVID-19 outbreak. Aly Song/Reuters
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BEIJING/SYDNEY—Chinese airlines will apply a fuel surcharge to domestic routes starting Friday for the first time in more than two years, as oil prices surge.

The move comes as oil benchmarks trade close to their highest levels in years. Brent crude is now trading over $80 a barrel, up from about $20 a barrel hit during the early days of the COVID-19 pandemic.