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Airfares may stay flat despite removal of fuel surcharges
Published Wed, Feb 4, 2015 · 09:50 PM
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Singapore
DESPITE fuel surcharges being lifted by airlines, airfares are likely to remain flat or decline just marginally as base fares are inflated to protect margins, a Maybank Kim Eng report said.
With jet fuel hovering under US$60 per barrel - roughly half what it was a year ago - nine airlines removed fuel surcharges in January, including Qa…
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