BUSINESS

Airlines to impose fuel surcharges on intl. routes

By Yonhap
  • Published : Sept 18, 2017 - 16:12
  • Updated : Sept 18, 2017 - 16:12
South Korea's airlines will impose fuel surcharges on international passengers next month to reflect an increase in jet fuel prices, industry sources said Monday.

In the past five months through September, local airlines didn't impose fuel surcharges, as the average price of jet fuel remained below $1.50 per gallon.

But the jet fuel, measured through Sept. 15 this month and the benchmark for fuel surcharges in October, averaged $1.54 per gallon, according to airline officials.
 
South Korean passenger jets await passengers at Incheon International Airport in this undated file photo. (Yonhap)

Local airlines are usually allowed to impose a fuel surcharge on a monthly basis when the average jet fuel price hovers above $1.50 a gallon, though the surcharges vary depending on travel distance.

For example, customers who travel less than 500 miles (805 kilometers) are required to pay 1,200 won ($1.00) in fuel surcharges but those who travel more than 10,000 miles have to pay 9,600 won, they said. (Yonhap)