Taiwan’s Civil Aviation Administration (CAA) has set higher fuel surcharge rates for Taiwanese airlines’ international passenger flights from Nov. 8, after an increase in the aviation fuel benchmark triggered the next pricing tier.
The short-haul rate will rise to US$40 from US$37.50. The long-haul rate will increase to US$104 from US$97.50.
CPC Corp., Taiwan, the state-owned oil refiner, listed November’s international aviation fuel benchmark at US$183.09 per barrel. October’s price was US$177.89 per barrel.
The price-linked surcharge system dates to a 2005 agreement between the CAA and Taiwanese airlines. At current fuel prices, a move up one band adds US$2.50 to the short-haul rate and US$6.50 to the long-haul rate. From the second tier onward, each band spans US$10 per barrel.
The CAA groups India and the Middle East with Europe, the Americas, Africa and Oceania as long-haul destinations. Other Asian destinations fall into its short-haul category.
The regulator has asked airlines to disclose background information about the charges, such as their calculation methods or fuel’s share of total costs. It advised passengers to contact their airline or check its website for updated surcharge information before the new rates take effect Nov. 8.
