China Deregulates Domestic Premium Fares
The Chinese government has deregulated pricing of domestic business and first-class air fares, abolishing a rule that they must be set at 1.5 and 1.3 times the price of economy tickets, respectively.
The change opens the way for China Southern to widely introduce lie-flat seats that it has tried in an Airbus A330. The carrier could not get permission to charge the price it ...