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S. KOREA'S TOP TWO AIRLINES TO SLASH FUEL SURCHARGES.

AsiaPulse News

| December 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Dec. 1 Asia Pulse - South Korea's top two carriers said Monday that they will sharply lower fuel surcharges for international routes next month to reflect a tumble in jet fuel prices.

Korean Air Lines Co. (KSE:003490), the larger of the two, and Asiana Airlines Inc. (KSE:020560) said they will slash their fuel surcharges for one-way long-haul flights to the United States and Europe to US$41 from $140.

The two carriers sharply increased fuel surcharges to $221 in September from $104 in January, after the South Korean government expanded the seven-phase surcharge ...

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Source: HighBeam Research, S. KOREA'S TOP TWO AIRLINES TO SLASH FUEL SURCHARGES.

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