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Oil price rises hit airline fares
British Airways is to raise its fares in the face of soaring oil prices, the carrier has announced. From Thursday, the airline will add a £5 ($8.80) surcharge to return trip tickets and £2.50 to one-way tickets. BA’s move comes alongside similar announcements from Australia’s Qantas and Air New Zealand.
The airlines said they had been forced to make the decision because of a 60% rise in the price of jet fuel over the past year. Previously, US carriers Continental and American Airlines added a surcharge to their domestic fares.
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Posted by: Mark Espinola 2004-05-23
http://www.rantburg.com/poparticle.php?ID=33803