Low oil price keeps fuel surcharge of airlines at naught for longest streak
Aug 16, 2016
Major South Korean airlines will not impose any fuel surcharge on international passengers in the upcoming month, the companies said Tuesday.Local industry leader Korean Air Lines Co. and its local rival Asiana Airlines Inc. have not charged any fuel surcharges since September 2015, the longest streak since the surcharge system was introduced in July 2005.Local airlines are allowed to impose a certain amount of fuel surcharges to help cover their costs when the average price of jet fuel from Sin