Scotron11 From United Kingdom, joined Feb 2004, 1178 posts, RR: 3 Posted (8 years 7 months 2 weeks 1 hour ago) and read 739 times:
While oil prices continue their seemingly unrelenting march upwards, and with winter soon upon us. why are there no fuel-surcharges in the US?
BA has just raised their surcharge on long-haul tickets sold here in the UK from £6.00 ($10.75) to £10.00 one-way ($18.00). In addition, for short-haul, the increase has gone from £2.50 to £4.00 one-way. Seems all other EU carriers, except for LCC's, are doing the same.
BA says their fuel expenses will increase by £225M (Although they say they have hedged 72% of fuel thru March, 2005). But what about US carriers? I would assume they all buy from the same market.
Some reports suggest oil will shortly reach $60/Barrel. If. more likely when, that happens, what will be the effect on carriers like UA & US, who cannot hedge, and DL, which sold their hedged oil contracts to raise cash?
While a recent increase in low-end domestic fares are fuel related, I was wondering why they don't levy a seperate surcharge across the board.
Hawaijahaz From United States of America, joined Oct 2004, 352 posts, RR: 0 Reply 1, posted (8 years 7 months 1 week 6 days 23 hours ago) and read 717 times:
This is kind of off the topic but Times of India reported that IA, Jet and Sahara will increase their fares by about 10% to compensate for the increase in fuel prices.
F.pier From Italy, joined Aug 2000, 1517 posts, RR: 11 Reply 5, posted (8 years 7 months 1 week 6 days 21 hours ago) and read 674 times:
Everyday I drive my car for about 22 km (50mins) to reach my workplace. I've asked to my employer the fuel surcharge, but I don't think he'll agree with my idea.
I don't think this is a serious behavior for airlines.
Imonti From , joined Dec 1969, posts, RR: Reply 8, posted (8 years 7 months 1 week 6 days 20 hours ago) and read 639 times:
There was a newspaper article written about saa.
"they are ever so quick to pass on fuel charges and levies to their customers, yet seem to very quickly forget they cost those very customers over $1 billion in hedging losses, so who pays? the customer pays twice essentially"
Slightly off the topic.
So is it speculation that the prices have sky rocketed, some peeps reckon their wont be enough oil to heat us homes in the winter. Is that true? I highly doubt it as with the current price people wont be turning the thermostat up so much but rather putting on another jersey.
Do they really believe there is a shortage on the horizon and that this is why there is such a price rise?
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