Singapore Airlines Group's popular budget airline Scoot will be raising fares by an average of 5% due to the surge on jet fuel prices. The fare hike will be effective 1 September 2018. The airline said that the fare hike will have an additional S$5 to S$30 to the cost of each one-way flight, depending on the flight duration, in a news release on 2 August 2018.
Scoot said that jet fuel prices have increased by almost 40% year-on-year and are now close to S$123 per barrel on average. Regulators in Japan and Taiwan have allowed airlines to put in place fuel surcharges due to the higher oil prices. Air New Zealand also announced a 5% increase in domestic fares due to rising costs in May.
So if you want to book your air tickets from Scoot, make sure to do so before 1 September 2018 to avoid the fare hike!