British Airways again reduces fuel surcharge
British Airways has announced further reductions in its fuel surcharge by as much as a third on long haul services. The move reflects the reduction in the price of oil and the airline's fuel hedging policy for 2009/10. The reduction in fuel surcharge...
British Airways has announced further reductions in its fuel surcharge by as much as a third on long haul services. The move reflects the reduction in the price of oil and the airline's fuel hedging policy for 2009/10.
The reduction in fuel surcharge will mean that world traveller (economy class) flights over nine hours are reduced by €33 per sector and flights under nine hours are reduced by €17 per sector.
The world traveller plus (upgraded economy) flights over nine hours are reduced by €33 per sector while flights under nine hours are reduced by €22 per sector.
The first and club world flights over nine hours are reduced by €39 per sector and shorter flights will be reduced by €22.
The fuel surcharge on domestic and European services will also be reduced by €4 per sector. For Club Europe it will be reduced by €5 per sector.
British Airways first introduced a fuel surcharge on their flights in May 2004 due to the rising prices in oil. Although fuel prices continue to be volatile, British Airways said it is committed to support their customers by ensuring fair market prices for their flights.
Oil remains the largest cost for British Airways and it now represents about 35 per cent of the cost base. Five years ago, BA's fuel bill amounted to around 10 per cent of its cost base.
British Airways pledged to keep fuel surcharges under constant review and will adjust accordingly.
The reduction in fuel surcharge will mean that world traveller (economy class) flights over nine hours are reduced by €33 per sector and flights under nine hours are reduced by €17 per sector.
The world traveller plus (upgraded economy) flights over nine hours are reduced by €33 per sector while flights under nine hours are reduced by €22 per sector.
The first and club world flights over nine hours are reduced by €39 per sector and shorter flights will be reduced by €22.
The fuel surcharge on domestic and European services will also be reduced by €4 per sector. For Club Europe it will be reduced by €5 per sector.
British Airways first introduced a fuel surcharge on their flights in May 2004 due to the rising prices in oil. Although fuel prices continue to be volatile, British Airways said it is committed to support their customers by ensuring fair market prices for their flights.
Oil remains the largest cost for British Airways and it now represents about 35 per cent of the cost base. Five years ago, BA's fuel bill amounted to around 10 per cent of its cost base.
British Airways pledged to keep fuel surcharges under constant review and will adjust accordingly.