BA increase fuel surcharge for third time in four months
06.04.11
British Airways is increasing its fuel surcharge on long-haul flights for the third time in four months because of high oil prices. The surcharge for mid and long haul economy seats will rise by £10 per flight and for premium tickets by £20 per flight from Friday (April 8). It is not increasing surcharges for domestic or short-haul flights. Oil prices are currently at two-and-a-half year highs, with Brent crude trading at nearly $122 a barrel, pushed up by concerns about the Middle East.
BA's increase means that economy passengers on long-haul flights of less than nine hours will see their surcharge going up from £75 to £85. The surcharge on economy flights of more than nine hours will rise from £88 to £98. Business and first class passengers will see the surcharge for flights under nine hours go up from £105 to £125, and for flights of more than nine hours rise from £125 to £145.
The latest announcement is the third time BA has raised surcharges since mid December. BA Chief Financial Officer Nick Swift said: ‘As customers will know from the price at the petrol pumps, the cost of fuel has continued to rise significantly over the past three months. For us, fuel now represents over one-third of our costs and particularly affects our long-haul flights.' He added the airline was ‘very aware’ of the wider economic pressures on customers at the moment and ‘we will bear the vast majority of the recent fuel price rise ourselves to keep this increase in surcharge to a minimum.’
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