Friday, April 15, 2011

Singapore Airlines says to increase fuel surcharge

Singapore Airlines (SIAL.SI) said on Friday it will increase its fuel surcharge for tickets issued on or after April 21 as jet fuel prices have risen more than 30% since the beginning of the year.

The firm said the increase in fuel surcharge will be between US$4 and US$32 per sector, depending on the distance and class of travel. It will apply to Singapore Airlines and SilkAir flights.

The price of jet fuel is now more than US$138 ($172) per barrel, the highest level in two years, SIA said in a statement.
 

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