Singapore Airlines raises surcharges, Cathay could soon. Aircraft orders slowing
Singapore Airlines has raised its fuel surcharges for the second time in seven weeks as the carrier seeks to offset the sharp rise in fuel costs. The latest increases, of 15-19% depending on the route, takes the increase since Mar-08 on ASEAN routes to 34% (to USD35 per sector), +22% to US/Canada (to USD150 per sector) and +27% on other international routes. That SIA has increased surcharges more rapidly on the shorter segments is interesting and could reflect the softness SIA has reported in load factors on routes to North America recently.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.