Recent Middle Eastern conflicts have caused international oil prices to remain high, leading to the fuel surcharge on international flight tickets sold by South Korean airlines this month to double compared to the previous month.
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Each airline is reducing capacity on low-yield routes to offset revenue gaps. According to sources from the aviation industry on the 1st, the fuel surcharge for airline tickets issued this month will be applied at the highest Tier 33 (above 470 cents per gallon), which is 15 tiers higher than last month’s Tier 18. This marks the first time since the current fuel surcharge mechanism was adopted in 2016 that this tier has been reached.
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