What is fuel surcharge

Geschrieben von FBASZ

Fuel surcharge, also known as Fuel surcharge or Bunker surcharge in English, is a surcharge charged by shipping companies and liner conferences to reflect changes in fuel prices.

The amount of fuel surcharge is usually expressed as an amount per ton transported or as a percentage of freight. This surcharge is a product of the era of high oil prices and is an appropriate way to alleviate the cost increase pressure brought by the sharp rise in oil prices on airlines. In 2000, fuel surcharges were levied on international routes, accounting for approximately 10% of the full ticket price~ 25%.

In China, the collection of fuel surcharges on domestic routes adopts a linkage mechanism with aviation kerosene prices, that is, changes in fuel prices directly affect whether fuel surcharges are levied.

For example, when the comprehensive purchase cost of domestic aviation kerosene is lower than the benchmark oil price, the fuel surcharge will be stopped; when the price exceeds the benchmark oil price, the airline will charge an appropriate fuel surcharge to make up for it on the premise that the airline absorbs part of the cost increase. The fuel surcharge charging standards will be adjusted appropriately based on changes in the comprehensive purchase cost of domestic aviation kerosene.