SIA imposes fuel surcharge for all flight legs
AFP, Singapore
Singapore Airlines will next week extend a fuel surcharge of five US dollars for each leg of all its flights in an effort to offset the impact of rising oil prices, the carrier said Tuesday. Last month the airline imposed the surcharge on popular routes from Australia, New Zealand, Britain and France, but said it was now compelled to introduce the sector price hike on all routes. "This move is necessary in light of rising fuel prices and in line with action being taken by other major carriers to help defray part of the higher fuel cost," it said in a statement. The new levy will take effect from Monday June 7 and follows similar moves by many other major international airlines, including Australia's Qantas, British Airways, Malaysia Airlines and Air New Zealand. Airlines say they are unable to absorb the impact of rising oil prices, which have this year soared more than 30 percent higher than last year's average. The benchmark New York light sweet crude for July climbed back above 40 US dollars a barrel on Tuesday as the market reacted to the weekend terrorist attacks in Saudi Arabia on an oil production city that left 22 people dead.
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