Airline Code [ALK]
View More SriLankan Airlines News
SriLankan Airlines announced (03-Dec-08) to remove its present Fuel Surcharge on fares throughout almost its entire route network with effect from 01-Jan-09.
The Airline has completely removed its Fuel Surcharge on all tickets to short-haul and medium-haul destinations. These include all cities in India and the Middle East, as well as Bangkok, Singapore, Kuala Lumpur, Hong Kong, Beijing, Male, and Karachi. The Fuel Surcharge on fares between Colombo and just five long-haul destinations - London, Paris, Frankfurt, Rome, Tokyo - has also been greatly reduced. A flat rate surcharge of EUR 25 will be levied for one-way fares purchased in Europe, and EUR 50 for return tickets. Tickets purchased in the UK will have a surcharge of GBP 25 one-way and GBP 50 return. Fares from all other points to these five destinations will have a surcharge of USD 25 one-way and USD 50 return. SriLankan introduced the Fuel Surcharge in Jul-08 for short, medium and long-haul journeys when fuel prices reached a record high USD 147 per barrel of crude. Fuel prices have declined in recent months. The effects of crude oil price reductions take some time to impact on the cost of aviation fuel, and SriLankan is anticipating that it will begin reaping the benefit of reduced fuel prices by Jan-09. The Airline will nevertheless be closely monitoring the movement of fuel prices as this has a direct impact on profitability. (c) Centre for Asia Pacific Aviation. Date posted: 12-Dec-08 In-depth analysis of the Indian airline and airport sectors, including latest traffic and financial reports and outlooks, is available each month in the Monthly Essential India. |