The nation’s airlines are set to remove fuel surcharges with oil trading around a 12-year low, ending a decade of high jet kerosene costs that had added as much as ¥66,000 to the price of a round-trip ticket to the U.S. or Europe.
The current price of Singapore kerosene is below the minimum level for adding surcharges, Hiroshi Hasegawa and Osuke Itazaki, analysts in Tokyo at SMBC Nikko Securities Inc., wrote in a Jan. 15 report.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
PHOTO GALLERY (CLICK TO ENLARGE)
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.