Korean airlines to lower fuel surcharges by 9 percent

Home > Business > Industry

print dictionary print

Korean airlines to lower fuel surcharges by 9 percent

Korean airlines will lower their fuel surcharges for international and domestic flights by nearly 9 percent next month to reflect the recent drop in jet oil prices, industry sources said yesterday.

Local airlines already have cut the surcharges by 19 percent for this month. Fuel surcharges for round-trip flights to the United States are likely to drop to $244 from the current $266, they predicted.

Those for flights to Europe and Southeast Asia are expected to be set at $234, down from the present $256.

The surcharge system set by the government allows flag carriers to adjust surcharges for overseas routes bimonthly in step with the average price of fuel oil in the previous two months on the Singapore spot market.

Yonhap

More in Industry

Futures at stake, marketers see opportunity in CSAT

Aekyung Group makes executive appointments

Lotte Mart slammed for illegally kicking out trainee guide dog

It's tough at the top, and many would prefer not to try

[NEWS IN FOCUS] It's spinoff time for LG Chem and battery unit

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now