British Airways Hikes Ticket Prices on Oil
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British Airways announced Friday that it was increasing its fuel surcharge on both short-haul and long-haul flight tickets because of rising oil prices.
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PARIS, Aug 18  - Air France said Wednesday it was increasing its fuel surcharge by EUR 12 (USD 14.82) on long-haul flights from Monday until there is a month-long dip in oil prices.
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SURGING oil prices are continuing to drive up British Airwaysâ fuel costs and persuaded it to continue its three-year freeze on the dividend yesterday despite rising profits.
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Travel: Latest expansion plans a serious test of the airline market's resilience to credit crunch and rising oil price
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British Airways reported Friday a surge in its net profit and announced plans to launch a new "business class only" service from London to New York.
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The FTSE 100 index has held firm in a tight range, supported by easier oil prices, which in turn boosted British Airways, while budget airline Ryanair jumped 11.
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British Airways said on Wednesday that it would raise its fuel surcharge on long-haul airfares because of high oil prices.
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Two of the largest U.S. airlines raised fares on Friday, aiming to take advantage of strong travel demand to boost profitability and offset the price of jet fuel, which despite recent declines, remains historically high.
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Qantas Airways has raised its fuel surcharge on domestic and international tickets by $4 and $7, respectively, because of the high price of oil.
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British Airways says second-quarter operating profits rose 23 percent on tighter costs and higher passenger numbers as long-haul travel recovers.
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British Airways has attacked plans by the Civil Aviation Authority to allow airports operator BAA to increase its charges at London's Heathrow airport by more than annual inflation.
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British Airways  announced a  plane order worth $8.2 billion at list prices on Thursday,  including 12 A380 planes from Airbus  and 24 787  airliners from Boeing Co .
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Qantas Airways Ltd , Australia's  largest airline, said on Monday it would raise its fuel  surcharges on international routes, the second increase in less  than a year.
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BRISBANE, Australia Virgin Blue, Australia&#39;s second-biggest airline, has increased surcharges on all tickets as the cost of jet fuel soared.
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Aug. 18 (Bloomberg) -- Air France and its KLM Royal Dutch Airlines NV unit are imposing fare surcharges to help pay for higher fuel costs, following similar moves by British Airways Plc and Deutsche Lufthansa AG, amid record-high crude oil prices.
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British Airways is to raise its fuel surcharge as a result of the continuing increase in the price of oil.
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TOKYO : International carriers are to raise fares on flights from Japan to Europe by five percent in mid-January to cope with soaring oil prices, Japanese airlines said.