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08/09/2005
BA increases fuel surcharges
British Airways has announced that it is to increase its fuel surcharges on longhaul flights.
The rise – the fifth since May 2004 – will increase the cost of the fuel charge on a longhaul one-way flight to £30 and £60 for a return trip, from September 12. The additional charges do not apply to tickets already paid for and issued.
Shorthaul charges will remain unchanged at £8 for a one-way flight and £16 for a return trip.
BA said that the increase was “very regrettable” but was necessary due to rising fuel costs in the wake of Hurricane Katrina.
When BA first introduced fuel surcharges last May, the cost was just £2.50 for both long and short-haul flights. However, the airline says that rising fuel costs have forced them to increase the charges.
The price of oil has now risen to just over $70 a barrel in the aftermath of Hurricane Katrina. BA said that the their fuel bill was now £1.6 billion, making it the second largest cost for the airline after employee costs.
BA is the second airline to increase fuel surcharges this week. On Tuesday, Virgin Atlantic announced that it was increasing its fuel levy to £30 per flight.
Martin George, British Airways’ commercial director, said: “Our fuel costs remain a real burden. This latest fuel surcharge rise is very regrettable, but we have little choice other than to pass some of our extra costs on to our customers.”
The airline said that it now cost almost 400% more to fill a plane with fuel today than it did in December 2001. Mr George said: “We believe that it is better to be transparent with our customers about the price of fuel by showing the level of fuel surcharge they are paying rather than hide the costs by raising fares behind the scenes like some other airlines choose to.”
BA expects total revenue for the year to March 2006 to improve by 5.5 – 6.5%.
(KMcA/SP)
The rise – the fifth since May 2004 – will increase the cost of the fuel charge on a longhaul one-way flight to £30 and £60 for a return trip, from September 12. The additional charges do not apply to tickets already paid for and issued.
Shorthaul charges will remain unchanged at £8 for a one-way flight and £16 for a return trip.
BA said that the increase was “very regrettable” but was necessary due to rising fuel costs in the wake of Hurricane Katrina.
When BA first introduced fuel surcharges last May, the cost was just £2.50 for both long and short-haul flights. However, the airline says that rising fuel costs have forced them to increase the charges.
The price of oil has now risen to just over $70 a barrel in the aftermath of Hurricane Katrina. BA said that the their fuel bill was now £1.6 billion, making it the second largest cost for the airline after employee costs.
BA is the second airline to increase fuel surcharges this week. On Tuesday, Virgin Atlantic announced that it was increasing its fuel levy to £30 per flight.
Martin George, British Airways’ commercial director, said: “Our fuel costs remain a real burden. This latest fuel surcharge rise is very regrettable, but we have little choice other than to pass some of our extra costs on to our customers.”
The airline said that it now cost almost 400% more to fill a plane with fuel today than it did in December 2001. Mr George said: “We believe that it is better to be transparent with our customers about the price of fuel by showing the level of fuel surcharge they are paying rather than hide the costs by raising fares behind the scenes like some other airlines choose to.”
BA expects total revenue for the year to March 2006 to improve by 5.5 – 6.5%.
(KMcA/SP)
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24 June 2005
British Airways announces ticket price rises
British Airways (BA) has announced an increase in fuel surcharge on ticket prices, due to increasing oil price rises. The longhaul fuel surcharge will increase to £48 per return trip, while the surcharge for shorthaul flights will rise to £16 for a return trip, for all tickets purchased from June 27.
British Airways announces ticket price rises
British Airways (BA) has announced an increase in fuel surcharge on ticket prices, due to increasing oil price rises. The longhaul fuel surcharge will increase to £48 per return trip, while the surcharge for shorthaul flights will rise to £16 for a return trip, for all tickets purchased from June 27.
12 November 2012
MPs To Vote On Fuel Rise Delay
MPs will vote on Monday evening on plans to increase fuel duty by 3 pence a litre in January. Labour have said "it would be wrong" to bring the new rise in s soon an want it delayed until at least April. Conservative MPs concerned about the cost of petrol said they believed Chancellor George Osborne was "in listening mode" over the issue.
MPs To Vote On Fuel Rise Delay
MPs will vote on Monday evening on plans to increase fuel duty by 3 pence a litre in January. Labour have said "it would be wrong" to bring the new rise in s soon an want it delayed until at least April. Conservative MPs concerned about the cost of petrol said they believed Chancellor George Osborne was "in listening mode" over the issue.
19 March 2008
Countdown For Fuel Payments For Pensioners
Over 60s who haven't yet claimed the Winter Fuel Payment have just days to get in touch with The Pension Service to receive help with energy costs. Pensions Minister Mike O'Brien urged older people to get their claim forms in the post before 28 March. The Winter Fuel Payment is £200 for the over 60s rising to £300 for the over 80s.
Countdown For Fuel Payments For Pensioners
Over 60s who haven't yet claimed the Winter Fuel Payment have just days to get in touch with The Pension Service to receive help with energy costs. Pensions Minister Mike O'Brien urged older people to get their claim forms in the post before 28 March. The Winter Fuel Payment is £200 for the over 60s rising to £300 for the over 80s.
07 September 2005
Fuel protests threatened
Protestors have threatened to begin blockading refineries next week, if the tax on fuel is not reduced. Andrew Spence, a spokesperson for the Fuel Lobby, warned that the blockades would begin at 6am on September 14, unless price cuts were made.
Fuel protests threatened
Protestors have threatened to begin blockading refineries next week, if the tax on fuel is not reduced. Andrew Spence, a spokesperson for the Fuel Lobby, warned that the blockades would begin at 6am on September 14, unless price cuts were made.
07 August 2008
BA Bosses Charged With Price Fixing
Four men have been charged with cartel offences in connection with a criminal investigation into price-fixing. The Office of Fair Trading (OFT), which has brought the charges, say that the men are charged with price-fixing of fuel surcharges for long haul flights.
BA Bosses Charged With Price Fixing
Four men have been charged with cartel offences in connection with a criminal investigation into price-fixing. The Office of Fair Trading (OFT), which has brought the charges, say that the men are charged with price-fixing of fuel surcharges for long haul flights.
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