Air China, Chinese Carriers Raise Ticket Prices, Shanghai Daily Reports

Air China Ltd., China Southern Airlines Co. and China Eastern Airlines Corp. raised ticket prices for premium seats this month as business travel demand improved, the Shanghai Daily reported today, without saying where it got the information.

The carriers increased first-class fares to as high as 2.8 times economy seat prices and business-class to as much as 2 times, according to the newspaper.

Previously, first-class fares were about 1.5 times higher, the report said.

To contact the reporter on this story: Jian Guo Jiang in Shanghai at jjiang@bloomberg.net

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