As the conflict between the U.S. and Iran escalates, international oil prices have surged, leading to a significant increase in air ticket prices starting in April. Asiana Airlines announced on the 13th that effective from the first day of the upcoming month, the fuel surcharge for international flights will see a steep hike. The new surcharge will apply from 43,980 won to 251,900 won based on distance, which is approximately three times higher than the previous month's rates ranging from 14,600 won to 78,600 won.

The implications of this increase are particularly notable for long-haul routes to the U.S. and Europe, where the fuel surcharge will rise by 173,300 won from 78,600 won to 251,900 won. Korean Air is also set to implement similar increases in its April international flight fuel surcharges, which will range between 42,000 won and 303,000 won, approximately three times the previous amounts. Such escalations in costs are a reflection of broader economic pressures stemming from geopolitical tensions, and if the war continues, the impact of high oil prices will begin to significantly affect airlines and travelers starting in May.

The calculation of the fuel surcharge is based on the average price of Singapore kerosene over a two-month period preceding the ticket purchase date, creating potential for further increases if market conditions do not stabilize. The April surcharges reflect fuel pricing trends from prior to the U.S.-Iran conflict, but the May adjustments will fully incorporate the fluctuating prices that have unfolded since mid-March. Stakeholders in the airline industry must brace for potential repercussions in pricing and demand as travelers may reconsider their travel plans in light of rising costs.