Domestic and International Fuel Surcharges Imposed After One Year...

On the 4th, a travel advisory notice for countries with COVID-19 entry restrictions is displayed at the departure hall of Terminal 2, Incheon International Airport. Photo by Moon Honam munonam@

[Asia Economy Reporter Dongwoo Lee] Fuel surcharges on international airline tickets will be imposed again next month after a one-year hiatus.

According to the industry on the 20th, the international fuel surcharge next month will be applied in two tiers, with fuel surcharges ranging from 3,600 KRW to 20,400 KRW depending on distance.

Due to the low oil price trend caused by the impact of COVID-19, international fuel surcharges, which had not been imposed since April last year, will be reinstated after one year.

International fuel surcharges are applied in stages when the average price of Singapore jet fuel per gallon (1 gallon = 3.785 liters) is 150 cents or more; otherwise, no surcharge is applied.

From the 16th of last month to the 15th of this month, the one-month average price of Singapore jet fuel, which serves as the basis for the April international fuel surcharge, was $68.07 per barrel and $1.6207 per gallon.

Accordingly, Korean Air charges 3,600 KRW per one-way trip for destinations within 500 miles, and 19,200 KRW per one-way trip for long-distance destinations between 6,500 miles and 10,000 miles.

Asiana Airlines also charges 3,400 KRW per one-way trip for destinations under 500 miles such as Fukuoka, Yanji, and Qingdao, and 15,700 KRW per one-way trip for long-distance destinations over 5,000 miles such as Los Angeles, San Francisco, New York, Sydney, Paris, and London.

For domestic flights, the fuel surcharge will increase from 1,100 KRW to 2,200 KRW next month after two months.

Domestic fuel surcharges had not been imposed since May last year but were reinstated at 1,100 KRW starting February this year. Domestic fuel surcharges are applied when the average price of Singapore jet fuel is 120 cents or more per gallon.

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