Fuel surcharges increase in June as jet fuel remains costly

June rates surge 124% higher YoY

Shell Aviation into-plane refueling operations at Singapore Changi Airport, 2014. Photo courtesy of Shell.

Eight carriers have implemented or increased fuel surcharges in response to historically high rates since June, joining 12 others that have instituted surcharges since March. June’s monthly average spot price rate stood at $4.16, as of June 28.  The month’s peak rate was June 16 at $4.40 per gallon, a 140% year-over-year increase compared to […]

 

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