South Koreas airlines abolish surcharges
03 / 02 / 2009
BOTH of South Korea’s airlines – Korean Air and Asiana Airlines – will scrap their fuel surcharges on international flights.
According to Reuters news agency the rival airlines will stop the charges from 1 March to 30 April because of the low price of oil. Korean Air’s current surcharges are US$41 but were as high as $221 during September and October last year.
“[The move] reflects average actual jet fuel prices in December and January,” said Lee Cha-yeon, spokeswoman at Asiana Airlines. “The [average] price was at around $1.42 a gallon, below $1.50 a gallon, which is the benchmark price to adopt surcharges on domestic and international flights.”
Confirmation of the news is currently unavailable from Korean Air.