Press release -
SilkAir to Increase Fuel Surcharges
Owing to the persistently high jet fuel prices, SilkAir will increase its fuel surcharges for all tickets issued on or after 08 March 2012 for travel on its flights.
Jet fuel prices have been increasing and fuel now accounts for 40% of SIA Group expenditure.
The new fuel surcharge levels shown below will apply to SilkAir flights. They represent an increase of between USD2 and USD11 per sector, depending on the distance and class of travel.
- Between Singapore and cities in South East Asia:
Business Class: to be increased from USD47 to USD52 per sector
Economy Class: to be increased from USD34 to USD36 per sector
- Between Singapore and all other SilkAir points:
Business Class: to be increased from USD122 to USD133 per sector
Economy Class: to be increased from USD106 to USD114 per sector
The application of fuel surcharges may be subject to regulatory approval or variation in some individual markets.
The adjustments will only offer partial relief from the higher operating costs arising from increases in the jet fuel prices.
Like its parent airline, SilkAir will continue to monitor the price of jet fuel and keep the application of the level of fuel surcharges under constant review.
A full-service premium airline, SilkAir currently flies to 38 destinations across 11 countries and is the regional wing of Singapore Airlines. This year, the airline was awarded Best Regional Airline 2011 by CAPA - the Centre for Aviation. SilkAir was also ranked 2nd in the Best Regional Airline (Asia) category in the 2011 Skytrax World Airline Awards. Last year, the airline was inducted into TTG Asia's Travel Hall of Fame following its 10th win as Best Regional Airline in the TTG Travel Awards 2009. SilkAir was also ranked among the Top 10 Airlines for Best Cabin Service Worldwide 2011, 2010 and 2009 by Hong Kong-based online travel magazine, Smart Travel Asia. For more details visit silkair.com. SilkAir is also now on Facebook. Follow us at www.facebook.com/SilkAir.