"Soaring Fuel Surcharges"…Next Month Korean Air International Flights Up to '256,100 Won'

[Asia Economy Reporter Yoo Hyun-seok] As high oil prices persist, the fuel surcharge applied to Korean Air's international flight tickets next month has reached a record high.

According to the aviation industry on the 18th, Korean Air's international fuel surcharge for May will be applied at level 17, which is three levels higher than this month. Depending on the one-way distance, the surcharge ranges from 33,800 to 256,100 KRW.

Level 17 is the highest level since the distance-proportional system for fuel surcharges was introduced in July 2016. This month, level 14 was applied, with surcharges ranging from 28,600 to 211,900 KRW.

The international fuel surcharge is applied in stages when the average price of Singapore jet fuel per gallon (1 gallon = 3.785L) exceeds 150 cents. If it is below that, no surcharge is applied.

The average price of Singapore jet fuel from March 16 to April 15, which serves as the basis for the May international fuel surcharge, was 318.23 cents per gallon.

The domestic fuel surcharge will increase from 9,900 KRW this month to 14,300 KRW next month. With recent increases in airfare prices and the fuel surcharge rising as well, consumer burden is expected to grow further.

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