Singapore Airlines airfares unlikely to change
Singapore Airlines would not be reducing air fares despite recent oil price dips in the global market due to the high operating expenses of the airline.
The airline’s new Sri Lanka GM Richard Kwee told the Business Times that the fuel surcharge of SIA was not reduced due to the high operating costs. It was reportedly stated that the carrier recorded the highest fuel surcharge in the Asia.
Another reason attributed for the high fuel surcharge was due to the oil hedging deals it carried out as a result of which they were compelled to stick with the prices marked at that time and changes in the global market rates were unlikely to impact on the airline.
The carrier which flies seven times a week from Colombo is currently on a promotional drive having entered its 50th year of operation. Promotions include a US$1 pass to visit several attractions in Singapore and a $1 card to spend one night for transit passengers.
Mr. Kwee who was previously based in Bangalore, India assumed office in Colombo since December 2014.