International Flight Fuel Surcharges Drop from Level 27 to 19 Due to Lower Oil Prices

Fuel surcharges applied to international flight tickets will be significantly reduced due to the decline in global oil prices.

According to industry sources, Level 19 of the fuel surcharge scale will be applied to tickets issued in July.

This is an 8-level drop from the Level 27 applied this month.

The adjustment comes as the average price of Singapore jet fuel (MOPS), which serves as the benchmark for fuel surcharges, fell to 338.3 cents per gallon (based on the period from May 16 to June 15).

The price was 410.02 cents per gallon during the period from April 16 to May 15.

Domestic airlines, including Korean Air, are planning to sequentially set specific fuel surcharge amounts based on this adjustment.

Korean Air, which charged a one-way fuel surcharge ranging from a minimum of 61,500 won to a maximum of 451,500 won depending on the route this month, plans to charge between 46,400 won and 344,000 won next month.

For the longest routes, this represents a reduction of 107,500 won.

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.