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As the world is actively exploring the establishment of carbon emission trading system, this paper builds an empirical cost pass-through model for airline industry based on the corporate behavior theory. Based on the assumption that China has built its own carbon emission trading system, selecting typical local airline market as the source of database, the paper estimates the cost pass- through abilities of kinds of airlines under a variety of market strategies, in order to stimulate air- lines’ cost pass-through abilities. It suggests that the overall industry cost pass-through rate is about 100%, which coincides with the European Commission's impact assessment report and many research results.