Singapore Airlines will reduce its fuel surcharges, following a decline in jet fuel prices in recent weeks.When the surcharges were introduced, Singapore Airlines undertook to keep their application under ongoing review, and to make adjustments in response to sustained changes in the price of jet fuel.
In recent weeks, the price of jet fuel has dropped, although the price is still substantially higher than when the decision to impose surcharges was first made.
Collections from the fuel surcharges have only ever given partial relief from the cost increase as a result of the high price of jet fuel.
Nevertheless, in keeping with the commitment to make adjustments, either up or down, in line with sustained movements in the price of jet fuel, the following surcharges will apply for tickets purchased on or after Saturday 14 October 2006:
- Between Singapore and gateways in South East Asia (ASEAN countries):
Reduce from USD20 to USD18 per sector
- Between Singapore and gateways in USA/Canada:
Reduce from USD90 to USD82 per sector
- For all other flights:
Reduce from USD60 to USD54 per sector
Singapore Airlines will continue to monitor the price of jet fuel and regularly review the level of the surcharge.