Research on the Impact of Airline Fuel Price Fluctuations on China’s Aviation Industry in the Post-epidemic Era

Abstract

The first half of 2022 saw a significant increase in global crude oil prices, which led to a significant increase in China’s jet fuel charges, with some airline tickets charging passengers more than the face value of the ticket. This paper explores consumers’ responses to the increase in jet fuel charges. The study shows that consumers are less satisfied with the increase in fuel costs, that some consumers are choosing alternative travel options, and that airline ticket sales for business travel in summer 2022 are lower than in the same period last year. The article explores some preferential fare policies that airlines can use to improve the situation. This article has contributed to the subsequent policies offered by airlines. In the overall environment of rising crude oil charges, the future price trend of jet fuel charges will not return to the low prices before the epidemic, and its impact on consumers will become apparent over time. People’s consumption levels and willingness to spend are gradually decreasing due to the work stoppage and economic slowdown caused by the quarantine policy under the epidemic in China. The trend of increased consumer appetite in the tourism sector, now brought about by the relaxation of the quarantine policy, will also level off.