7Monthly domestic-flight fuel surcharge 2ten thousand4200won confirmed
Korean Air and Asiana 7set the one-way fuel surcharge for domestic tickets issued in the month at 2ten thousand4200won. Major low-cost carriers also lowered theirs to the same level, and the possibility that international-flight fuel surcharges will also fall is growing ahead of the announcement in the middle of this month.
Korean Air and Asiana Airlines 7will charge a one-way fuel surcharge of 2ten thousand4200won for domestic airline tickets issued in the month. Major low-cost carriers, including Jeju Air and Air Seoul, also adjusted the 7monthly domestic-flight fuel surcharge to 2ten thousand4200won. This adjustment applies to tickets issued from the month of departure onward.7This adjustment applies to tickets issued from the month of departure onward.
This reduction is 3ten thousand5200won lower than the 1ten thousand1000won applied this month. The airline industry explained that the adjustment reflects the recent decline in jet-fuel prices. Fare rates and changes in demand vary by airline.
Jeju Air and Air Seoul lowered their fuel surcharges from the previous 3ten thousand4100won to 2ten thousand4200won. Each company announced the surcharge applied at the time of ticket issuance in accordance with its internal rules. The cases in which it is applied vary depending on travel demand and sales conditions.
Domestic-route fuel surcharges are calculated based on the average spot price of Singapore aviation fuel (MOPS) from the day before the previous month1through the last day of that month. If aviation fuel spot prices fall, fuel surcharges for the next application period decrease. The latest adjustment is reportedly the result of the recent downward trend in international crude oil and aviation fuel prices.
The aviation industry believes that international-route fuel surcharges, to be announced in the middle of this month, are also highly likely to decline consecutively. Airlines plan to adjust their fare policies and sales strategies in line with the announcement for international routes. Related notices will be provided separately by each airline and air-ticket sales channel.
Sources: 파이낸셜뉴스 산업
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