Airlines sharply raise fuel surcharges for April amid global oil price hike | Yonhap News Agency

## Summary
OK SEOUL, April 1 (Yonhap) -- Fuel surcharges for flights operated by South Korean airlines have surged by as much as threefold from the previous month in April due to the spike in global oil prices, industry watchers said Wednesday. Industry leader Korean Air Co. raised its international one-way fuel surcharge to between 42,000 won (US$27.9) and 303,000 won for April, compared with 13,500 won to 99,000 won in March. Other observers said companies may further reduce their flight operations to mitigate losses, as it may be difficult for them to continue to pass the burden to passengers. "Higher surcharges could dampen travel demand during the already slow second quarter," an industry insider said, adding airlines may face losses on each flight if costs continue to rise. odissy@yna.co.kr (END) Related Articles Korean Air to enter emergency management mode over soaring fuel costs (2nd LD) Companies on alert over global oil price surge amid Middle East crisis Keywords #fuel surcharge Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korea Tass news agency's delegation in Pyongyang Tass news agency's delegation in Pyongyang prev Airlines sharply raise fuel surcharges for April amid global oil price hike Next Airlines sharply raise fuel surcharges for April amid global oil price hike

## Article Content
Facebook
X
More
Pinterest
Linked in
Tumblr
Reddit
Facebook Messenger
Copy URL
URL is copied.
OK
SEOUL, April 1 (Yonhap) -- Fuel surcharges for flights operated by South Korean airlines have surged by as much as threefold from the previous month in April due to the spike in global oil prices, industry watchers said Wednesday.
Industry leader Korean Air Co. raised its international one-way fuel surcharge to between 42,000 won (US$27.9) and 303,000 won for April, compared with 13,500 won to 99,000 won in March.
On long-distance routes, such as those to New York, Chicago, Washington and Toronto, the surcharge rose 3.1 times to 303,000 won.
Asiana Airlines Inc. also increased its surcharge range to between 43,900 won and 251,900 won for April, from 14,600 won to 78,600 won in March.
This file photo provided by Korean Air Co. shows a company aircraft. (PHOTO NOT FOR SALE) (Yonhap)
Low-cost carriers that charge fuel surcharges in U.S. dollars also sharply raised costs, with Jeju Air Co. increasing rates to between $29 and $68, from $9 to $22 last month.
With international oil prices continuing to climb, industry watchers have expressed concerns that surcharges in May could rise further, potentially pushing surcharges on U.S. routes to the 500,000-won level.
Other observers said companies may further reduce their flight operations to mitigate losses, as it may be difficult for them to continue to pass the burden to passengers.
"Higher surcharges could dampen travel demand during the already slow second quarter," an industry insider said, adding airlines may face losses on each flight if costs continue to rise.
odissy@yna.co.kr
(END)
Related Articles
Korean Air to enter emergency management mode over soaring fuel costs
(2nd LD) Companies on alert over global oil price surge amid Middle East crisis
Keywords
#fuel surcharge
Articles with issue keywords
Most Liked
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
(News Focus) Han Kang's NBCC win again spotlights art of translation
(LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang'
Most Saved
(2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma
(News Focus) Han Kang's NBCC win again spotlights art of translation
Paik Kun-woo, at 80, says 'Music chose me'
(Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot
Liberal ex-prime minister to declare mayoral bid in conservative stronghold
Most Viewed
All Categories
(LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed
(LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
Korean Air to enter emergency management mode over soaring fuel costs
Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions
Declassified documents show N. Korea's strong backlash against growing S. Korea–China ties in mid-1990s
Most Viewed More
Most Viewed Photos
Tass news agency's delegation in Pyongyang
Indonesian president visits S. Korea
Tass news agency's delegation in Pyongyang
Tass news agency's delegation in Pyongyang
prev
Airlines sharply raise fuel surcharges for April amid global oil price hike
Next
Airlines sharply raise fuel surcharges for April amid global oil price hike

---

## Expert Analysis

### Merits
- Korea's strong backlash against growing S.

### Areas for Consideration
- Other observers said companies may further reduce their flight operations to mitigate losses, as it may be difficult for them to continue to pass the burden to passengers. "Higher surcharges could dampen travel demand during the already slow second quarter," an industry insider said, adding airlines may face losses on each flight if costs continue to rise. odissy@yna.co.kr (END) Related Articles Korean Air to enter emergency management mode over soaring fuel costs (2nd LD) Companies on alert over global oil price surge amid Middle East crisis Keywords #fuel surcharge Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.

### Implications
- With international oil prices continuing to climb, industry watchers have expressed concerns that surcharges in May could rise further, potentially pushing surcharges on U.S. routes to the 500,000-won level.
- Other observers said companies may further reduce their flight operations to mitigate losses, as it may be difficult for them to continue to pass the burden to passengers. "Higher surcharges could dampen travel demand during the already slow second quarter," an industry insider said, adding airlines may face losses on each flight if costs continue to rise. odissy@yna.co.kr (END) Related Articles Korean Air to enter emergency management mode over soaring fuel costs (2nd LD) Companies on alert over global oil price surge amid Middle East crisis Keywords #fuel surcharge Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
- Korean Air to enter emergency management mode over soaring fuel costs Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Declassified documents show N.

### Expert Commentary
This article covers won, fuel, surcharges topics. Notable strengths include discussion of won. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 551.