International fuel surcharges for next January have slightly decreased compared to this month.


On the 18th, Korean Air announced that it will apply 10 levels of international fuel surcharges for next month. This is two levels lower than this month, with one-way surcharges ranging from 21,000 KRW to 161,000 KRW depending on the route. This month, the surcharges range from 25,200 KRW to 190,400 KRW.


Korean Air employees are washing the aircraft fuselage at the Korean Air maintenance hangar in Jung-gu, Incheon. Photo by Jin-Hyung Kang aymsdream@

Korean Air employees are washing the aircraft fuselage at the Korean Air maintenance hangar in Jung-gu, Incheon. Photo by Jin-Hyung Kang aymsdream@

View original image

International fuel surcharges peaked at 14 levels in October and November this year and have been declining for two consecutive months. Fuel surcharges are determined internally by airlines based on the Ministry of Land, Infrastructure and Transport's distance-based system. The average price of Singapore jet fuel from November 16 to December 15, which serves as the basis for January's international fuel surcharges, was 246.60 cents per gallon, corresponding to level 10.



Asiana Airlines also lowered its surcharges to a similar level, with one-way fees ranging from 22,200 KRW to 121,200 KRW. Domestic fuel surcharges for January next year will be 11,000 KRW one-way, which is 2,200 KRW lower than this month.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing