U.S. airlines withdraw fuel fee increase
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Major U.S. airlines on Tuesday rolled back a fuel surcharge increase aimed at offsetting soaring oil prices as consumers balk at higher fares, and worries over the health of the economy grow.
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A proposed $10 round-trip airfare increase that initially looked like it might stick fell apart over the weekend. The increase was proposed by American Airlines late last week and matched
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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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US Airways Group Inc. said yesterday that sharply rising fuel costs in recent weeks have made the bankrupt airline's already dismal financial outlook even more acute.
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SAN FRANCISCO (CBS.MW) - Higher fuel prices will help cause the domestic and international airline industry to lose $3 billion to $4 billion in 2004, the International Air Transport Association forecast Monday.
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British Airways, Europe&#39;s biggest airline by passenger capacity, has hiked its fuel surcharges by up to UKÂ£8 per ticket, a day after oil prices climbed to record levels.
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U.S. airlines may start charging passengers separately for jet fuel as oil prices inch past $100 per barrel.
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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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Southwest Airlines Co., the leading U.S. budget carrier, said on Monday it raised fares by as much as $10 each way, a move that triggered matching fare hikes by major rivals.
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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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Airlines apparently pushed through a fare increase yesterday after months of unsuccessful attempts to raise prices, helping to offset record-high jet-fuel costs.
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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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LONDON : British Airways said it would raise its fuel surcharges by up to eight pounds (11.6 euros, 14.4 dollars) per return ticket as a result of soaring oil prices.
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SYDNEY : Australian airline Virgin Blue announced it was sharply increasing a fuel surcharge imposed in May to compensate for rising world oil prices.
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SINGAPORE (Dow Jones)--Air New Zealand Ltd. (AIR.NZ) is likely to increase its passenger fuel surcharge as oil prices and fuel costs continue to climb, managing director and chief executive Ralph Norris said at a lecture in Singapore Monday.
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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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US airlines spend hundreds of millions of dollars annually in extra fuel costs to transport a heavier traveling public, researchers estimate.