Domestic Flight Fuel Surcharge Increased from 1,100 Won to 2,200 Won... Raised After 2 Months

On the 20th, passengers of Air Seoul's overseas non-landing flight moved to the boarding gate at Terminal 1 of Incheon International Airport.

Air Seoul's overseas non-landing flight departed from Incheon Airport, circled over Japanese airspace, and returned, recording a 98% occupancy rate, receiving high interest from passengers.

Air Seoul plans to operate overseas non-landing flights three times in March on the 6th, 14th, and 21st. Photo by Airport Photographers Group

[Asia Economy Reporter Dongwoo Lee] Next month, the fuel surcharge on domestic flight tickets will increase from 1,100 won to 2,200 won after two months.

According to the aviation industry on the 13th, the domestic fuel surcharge next month will be 2,200 won one-way. The domestic fuel surcharge had not been imposed since May last year due to the low oil price trend caused by the COVID-19 pandemic but was reinstated at 1,100 won starting February this year. The domestic fuel surcharge is applied when the average price of Singapore jet fuel exceeds 120 cents per gallon.

The international fuel surcharge, which had not been imposed for 1 year and 1 month from April last year until this month, is also expected to be applied next month. The international fuel surcharge is applied in stages when the average price per gallon exceeds 150 cents. From the 16th of last month to the 15th of this month, the average jet fuel price is likely to have exceeded 150 cents.

The aviation industry expects that although the increase in domestic fuel surcharge will inevitably lead to higher ticket prices, cutthroat competition among companies will continue.

In fact, the price of the first non-landing sightseeing flight product launched at the end of last year was close to 200,000 won, but it dropped to about half last month. Air Seoul discounted the product, which was sold for 197,000 won last year, to 98,000 won last month. Jeju Air also sold a product priced at about 198,000 won for 99,000 won during the same period.

An aviation industry official said, "The airfare per person needs to be maintained at a minimum of 150,000 won to avoid losses," but added, "Competition to secure customers is becoming fiercer as passenger demand has decreased due to COVID-19."

This content was produced with the assistance of AI translation services.