SINGAPORE Airlines (SIA) and regional subsidiary SilkAir will raise the fuel surcharge for tickets issued on March 17 and onwards, the third time the carriers will hike prices in less than four months.
Ticket prices will go up by between US$2 and US$26 per sector, depending on the distance and travel class.
SIA and SilkAir raised the fuel surcharge last December (TTG Asia e-Daily, December 2, 2010) and in January (TTG Asia e-Daily, January 24).
In a statement, SIA said that the hike was due to continued escalation of jet fuel price, which has risen to US$130 per barrel, the highest in two years.
