15 Apr '11, 10am

Singapore Airlines raises fuel fee as crude jumps: Singapore Airlines Ltd. says it will raise fuel surcharges fo...

Singapore Airlines Ltd. says it will raise fuel surcharges for its flights after jet fuel prices increased more than 30 percent since the beginning of the year. The airline said in a statement Friday that passengers issued tickets on or after April 21 will be charged up to an additional $32. The airline said the new fee will partially offset higher operating costs from rising fuel prices. The airline has increased fuel levies several times during the last year as crude oil jumped to above $110 a barrel this week from $70 last summer. It last raised its fuel surcharges by up to $26 per ticket on March 9. Singapore Airlines is the world's second-largest carrier by market capitalization .

Full article: http://sg.news.yahoo.com/singapore-airlines-raises-fuel-f...

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