SIA, SilkAir to raise fuel surcharge from Mar 8

Singapore Airlines and SilkAir will increase its fuel surcharge for tickets issued on or after Mar 8 as a result of continued high fuel prices.

Jet fuel prices have been increasing and fuel now accounts for 40% of SIA group expenditure, the company says in an SGX press release.

They represent an increase of between US$2 ($2.50) and US$28 per sector, depending on the distance and class of travel.

For example, SIA says a surcharge of US$36 to US$52 for Economy Class to Business Class respectively, will be charged for flights between Singapore and South East Asian gateways.

As for gateways between Singapore and America, SIA will impose a surcharge of US$278 to US$ 305 for Economy Class to Business Class respectively.