Airfares Drop Ahead of Summer Vacation? Discounts Are Coming

We have summarized the news you need to know this morning at a glance.

Let's take a look at the essential news together.

Here is our first piece of essential news.

It is news about discounts on airfares.

The fuel surcharge for international flights is set to drop once again next month.

If you are planning your summer vacation, this will be welcome news.

Korean Air will further reduce international airfares starting next month.

For short-haul routes, such as from Incheon to Fukuoka, Japan, a round-trip surcharge of 70,400 won will be applied, while long-haul routes, such as from Incheon to New York, U.S., will be charged 518,400 won for a round trip.

Compared to this month, this is a reduction ranging from 22,400 won to nearly 170,000 won, and it is about half the level of May, when prices were at their highest.

This is due to the price of Singapore jet fuel falling by 16% compared to the previous period.

However, the situation between the United States and Iran has been tense lately.

As international oil prices have jumped from the 70-dollar range to the 80-dollar range per barrel within just one week, we will have to wait and see whether this downward trend in airfares will continue.
※ Please note: This article was translated by AI and may contain errors.