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September 9, 2008

Singapore’s SIA, SilkAir to reduce fuel surcharges

Singapore Airlines (SIA) and its regional wing SilkAir will reduce fuel surcharges for tickets issued from Tuesday onwards for travel on short- and medium-haul flights, reported the city-state’s news agency Channel News Asia.

The cuts, which range from $4 to $10, came in the wake of a recent easing of jet fuel prices.

According to statements released by both SIA and SilkAir on Monday, surcharges for flights between Singapore and cities in the Association of Southeast Asian Nations (Asean) will be lowered from $40 to $36.

Flight services on SilkAir from Singapore to all other SilkAir ports will decrease from $110 to$100.

SIA is also cutting the surcharges on flights from Singapore to cities in other parts of Asia, Australia, New Zealand, and selected countries in the Middle East. The new charges will be at $100, down from the current $110.

However, surcharges on longer-haul SIA flights between Singapore and cities in Europe and South Africa will remain at $110, while additional charges for flights between Singapore and cities in the United States and Canada will stay put at $180.

Crude oil prices have eased some 27 percent from record highs of above $147 reached in July on growing worries about a US-led global economic slowdown.

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