Robert 0 Report post Posted January 29, 2007 So when will MAS and AK follow??? Jan. 29, 2007, 12:23AM Singapore Airlines Cuts Fuel Surcharges © 2007 The Associated Press TOOLS Email Get section feed Print Subscribe NOW SINGAPORE — Singapore Airlines Ltd. and its regional carrier Silk Air will cut fuel surcharges following the drop in oil prices in recent weeks. Beginning Tuesday, fuel surcharges will be cut between US$2 (euro1.55) and US$4 (euro3.10) for all Singapore Airline flights, the company said in a statement. That will bring surcharges on flights between Singapore and gateways in Southeast Asia from US$18 (euro13.95) to US$16 (euro12.40) per ticket. From Singapore to destinations in the United States and Canada, extra fees will be cut from US$82 (euro63.50) to US$78 (euro60.44) per ticket. Surcharges on all other flights will drop from US$54 (euro41.84) to US$52 (euro40.30) per ticket. The carrier said while the price of crude has come down, jet fuel prices have not fallen to the same extent. Likewise, Silk Air said that starting Tuesday it will cut its fuel surcharge by US$2 for all flights. For flights to India and China, the Silk Air's fuel fee will be cut to US$52 from US$54, while for all other flights, it will be reducted to US$16 (euro12.40). Share this post Link to post Share on other sites
Tamizi Hj Tamby 1 Report post Posted January 29, 2007 Wow Hope MH,AK/D7 will do the same thing as SQ/MI does Share this post Link to post Share on other sites
Naim 6 Report post Posted January 31, 2007 Meanwhile, on the local front ... Airlines may cut surcharges if fuel price fall consistent January 31 2007 MALAYSIAN carriers will likely reduce their present fuel surcharge only if there is a consistent declining trend in global fuel prices, officials said yesterday. AirAsia deputy chief executive officer Datuk Kamarudin Meranun said although current jet fuel prices have substantially declined, the forward price of fuel remained high at above US$50 (RM175) per barrel. He said since AirAsia does a lot of forward sales, it would not be able to react abruptly to any changes in fuel price. "There is a reason why we impose the fuel surcharge. Compared with other airlines, our fuel surcharge is still among the lowest. "Nevertheless, we are constantly monitoring the fuel price movement. We just want to see consistency in the price before we decide to adjust the surcharge or even eliminate it completely," he said yesterday. Meanwhile, national carrier Malaysia Airlines (MAS) said it is constantly reviewing its fuel surcharges, which are benchmarked against its competitors and its fuel cost. "In light of the recent decline in fuel prices and the reduction in surcharges by a number of airlines, we are reviewing our fuel surcharges and will make an announcement in due time," it said in a statement. It was earlier reported that prices of jet fuel have dropped by a quarter since the record high of US$93 (RM326) per barrel in August. Last Friday, jet fuel was last traded at US$69.15 (RM242) per barrel while crude oil was at US$55 (RM196) per barrel. Regional airlines such as Singapore Airlines Ltd, Cathay Pacific Airways Ltd. and Qantas Airways Ltd have started cutting surcharges following the drop in fuel price. AirAsia's fuel surcharges range between RM15 and RM40 for domestic flights and between RM51 and RM66 for international flights. MAS' one-way fuel surcharge ranges from RM20 to RM67 for domestic flights and US$20 (RM60) to US$87 (RM304) for international flights. http://www.btimes.com.my/Current_News/BT/W...icle/index_html Share this post Link to post Share on other sites
Roszaimy 0 Report post Posted February 1, 2007 AirAsia deputy chief executive officer Datuk Kamarudin Meranun said although current jet fuel prices have substantially declined, the forward price of fuel remained high at above US$50 (RM175) per barrel. He's kidding right? High and low are relative, but the current surcharge was based on higher fuel prices back in mid-2006. People can give excuses whatever when trying to justify. He said since AirAsia does a lot of forward sales, it would not be able to react abruptly to any changes in fuel price. "There is a reason why we impose the fuel surcharge. Compared with other airlines, our fuel surcharge is still among the lowest. Another typical Malaysian answer. We are always the lowest here and there. Tolls, electricity, etc. I guess they do their math in British Pound Sterling, that's why it seems the "lowest" compared to Zimbabwe or Congo. *sigh* Share this post Link to post Share on other sites
