SQ the latest to raise fuel surcharge

SQ the latest to raise fuel surcharge
By admin


Singapore Airlines has become the latest carrier to increase fuel surcharges as high fuel prices continue to erode airline profitability.

Tickets issued on or after March 8 will be increase by between US$2 (AU$1.86) and US$28 (AU$26.08) per sector, depending on the distance and class of travel.
The carrier stressed the surcharge would only offer “partial relief” from higher operating costs with fuel now accounting for 40% of its expenditure.
“Singapore Airlines will continue to closely monitor the price of fuel and keep surcharges under constant review,” a statement said.
The surcharge on economy class flights from Europe to Australia and New Zealand will rise to $273, with first and business class rising to $329 and $309 respectively.
On flights from Singapore to Australian and New Zealand ports, the levy will rise to $120 in economy, $140 in business and $158 in first class.
Virgin Australia and Emirates last week both raised their surcharges to help offset rising costs while Qantas announced similar plans last month.
Emirates Australasia vice president Barry Brown described fuel as the “four letter word” in airline boardrooms around the world.

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