As a result of the sustained escalation in the price of jet fuel in recent months, Singapore Airlines has confirmed it will increase its fuel surcharge for tickets issued on or after 2 August 2007.The new levels will apply to Singapore Airlines and SilkAir flights as follows:
- US$22 (up from US$20) per sector, for flights between Singapore and Kuala Lumpur, Bandar Seri Begawan, Bangkok, Denpasar, Hanoi, Ho Chi Minh City, Jakarta, Manila and Penang;
- US$98 (up from US$89) per sector, for flights between Singapore and gateways in the United States and Canada on a single-sector basis; and
- US$63 (up from US$58) per sector, on all other flights.
The price of jet fuel is now hovering around US$90 per barrel, compared to US$81 per barrel when the Singapore Airlines surcharge was last revised in May.
The new surcharge is subject to official approval in some markets, and some local variations may apply where regulatory approvals dictate.