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 ticket prices and worries over the health of the economy grow.
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Qantas Airways Ltd., Australia&#39;s biggest airline, raised its fuel surcharge for a second time to help offset soaring jet-fuel costs.
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UAL Corp, parent of United Airlines, said on Friday it raised fares for domestic flights by $3 each way -- $6 round-trip -- to offset the cost of jet fuel.
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Airfares have risen nearly 6 percent this holiday season as carriers take advantage of strong demand to recoup some of their higher fuel costs.
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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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In response to escalating fuel prices, Air New Zealand has announced it will increase its fuel surcharge on airfares sold from September 2 onward.
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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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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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French flag carrier Air France is raising its ticket prices by up to 12 euros (8 pounds) per flight leg, joining a number of other airlines in passing on higher jet fuel costs to passengers.
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German carrier Lufthansa said it would levy a temporary fuel surcharge on tickets from August 24, in response to the rise in the price of oil.
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US airlines spend $275 million annually in extra fuel costs each year to transport a heavier traveling public, researchers estimate.
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U.S. airlines spend hundreds of  millions of dollars annually in extra fuel costs to transport a  heavier traveling public, researchers estimate.
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U.S. airlines have begun to withdraw a revenue-boosting fare increase initiated last week by Delta Air Lines, but it is too soon to say whether the bulk of the increase will last, a fare tracker said on Monday.
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UAL Corp. UALAQ.OB , the parent of  United Airlines, said on Friday it would raise its existing $10  each-way fuel surcharge by an additional $5 due to soaring fuel  costs.
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SYDNEY (Dow Jones)--Citing a continuation in rising fuel prices, Australia&#39;s Qantas Airways Ltd. (QAN.AU) said Friday it will increase its passenger fuel surcharge for a second time in two months.
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Air France and KLM ticket prices are to rise after the carriers imposed further surcharges to counter high fuel costs.
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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.