Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Reduced Fuel Surcharge for Tickets Sold Outside NZ

16 October 2006

Singapore Airlines to Reduce Fuel Surcharges for Tickets Sold Outside New Zealand

Singapore Airlines will reduce its fuel surcharges for tickets sold outside New Zealand, following a decline in jet fuel prices over recent weeks.

When the surcharges were introduced, Singapore Airlines undertook to keep their application under ongoing review, and to make adjustments in response to sustained changes in the price of jet fuel. In recent weeks, the price of jet fuel has dropped, although the price is still substantially higher than when the decision to impose surcharges was first made.

Collections from fuel surcharges have only ever given partial relief from the cost increase as a result of the high price of jet fuel. Nevertheless, in keeping with the commitment to make adjustments, either up or down, in line with sustained movements in the price of jet fuel, the following surcharges will apply for tickets purchased on or after Saturday 14 October 2006:

- Between Singapore and gateways in South East Asia (ASEAN countries):
Reduce from USD20 to USD18 per sector

- Between Singapore and gateways in USA/Canada:
Reduce from USD90 to USD82 per sector

- For all other flights:
Reduce from USD60 to USD54 per sector

Singapore Airlines will continue to monitor the price of jet fuel and regularly review the level of the surcharge.

This change will not affect tickets sold in New Zealand. “Singapore Airlines New Zealand has for some time included the fuel surcharge within its pricing structure to ensure complete transparency to the consumer,” says Sak-Hin Chin, General Manger New Zealand. “We constantly review our pricing to ensure our competitiveness, and make price adjustments when necessary.”

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Retail: Supermarkets Announced As Government’s Second Market Study

The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries. More>>

ALSO:

Statistics New Zealand: Retail Sales Recover In The September 2020 Quarter

Retail sales values recorded the largest September quarter rise since the series began in 1995, Stats NZ said today. Spending on major household items, vehicles, and groceries contributed to the strong 7.4 percent ($1.8 billion) rise in total ... More>>

Kea Aerospace: New Zealand Flies Into The Stratosphere

Development has started on a solar-powered, unmanned aircraft that can fly in the stratosphere continuously for months at a time. The zero-emission aircraft will carry a suite of imagery equipment that will be game-changing for many industries, vastly ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>