Meanwhile in Singapore…
SYDNEY: VIRGIN Australia has become the first airline to react to months of declining jet fuel prices, announcing it will restructure its US airfares to reflect the savings.
Although it will not do away with the fuel surcharge altogether, the airline will incorporate fuel costs into fares the same as other operating expenses. As a result of the restructure, passengers will see economy and premium economy fares fall by $40 each way on flights to LA, and business class fares come down by $50.
“These reductions reflect the benefits of the decline in global oil prices,” said a statement issued by Virgin Australia.
Meanwhile in Singapore, the government has taken the opposite step by approving bus and train fare increase despite the fall in oil prices.
“It doesn’t make any sense for the increase,” said Jaclyn Tay, 18, a private student.
“But then again this is Singapore where the official government spelling for `sense’ is `cents’,” she added.