Japan-Europe flight fares to rise 5% as oil prices continue to ...
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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.
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American Airlines says it is raising domestic fares by $5 one-way and $10 per round trip to cover the high cost of jet fuel. American said Friday that the increase took effect immediately for most domestic flights as well as those to Canada.
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Tokyo stocks rose on Wednesday for the fifth consecutive session, as investors bet on optimistic forecasts for steel and shipping issues and hopes for a more robust economic recovery in Japan.
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The price of plane tickets is about to rise as travellers are forced to pay for the soaring cost of oil.
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The Tokyo stock market&#39;s main index climbed to a five-month high Tuesday on expectations share prices in Japan and the United States would rise in the coming new year.
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Qantas domestic and international air fares will rise by $4 and $7 respectively from next week as the airline lifts its fuel surcharge to offset soaring oil prices. Despite posting a record annual net profit of $648.40 million on ...
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Australian flag carrier Qantas on Friday raised fuel surcharges on domestic and international tickets, blaming the skyrocketing price of crude oil prices.
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Air passengers are set to pay for record oil prices as airlines move to increase ticket prices. Qantas said yesterday it would increase the fuel surcharge it includes in the cost of tickets and Air New Zealand is expected to follow.
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Air New Zealand announced Thursday that it will increase its surcharge on air fares from early next month because of the rising cost of jet fuel.
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Japan's Nikkei average rose 0.42 percent  by midsession on Wednesday and was poised to hit a five-month  closing high for the second straight day as a rally in U.S.  stocks inspired buying.
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Travel: Budget airline's plan comes despite credit market crisis and rising oil prices
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The world's airline industry is set to see losses of $5bn by the end of 2004 as a result of surging oil prices,  global airline body IATA predicts.
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A fare hike that raises tickets by &#36;5 each way announced by American Airlines earlier this week to offset record high jet fuel appears to be sticking among other U.S. airlines, an industry source said on Friday.
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Germany's Deutsche Lufthansa  said it planned to offer 5.7 percent more seating capacity on its global flight network for the winter season, boosted by increases on U.S. and Asian routes.
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Air New Zealand will most likely announce an increase in its jet fuel surcharges within days because of the relentless climb in oil prices, the carrier&#39;s chief executive, Ralph Norris, has said.
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Japan&#39;s Nikkei share average rose half a percent to its highest close in five months on Tuesday after the release of economic data that supported views that Japan&#39;s economic slowdown would be temporary.
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Europe&#39;s largest carrier Air France-KLM has joined rivals in raising its ticket prices to offset soaring jet fuel costs, but a leading bank has questioned how effective the surcharges will be in protecting airline profits.