Ryanair predicts fuel surcharge increases at rivals
13.03.08
Ryanair has predicted that its 'high fare airline' rivals will begin another round of fuel surcharge increases following Lufthansa’s decision yesterday to increase its short haul fuel surcharges by 21% on the back of surging oil prices.
Ryanair’s Head of Communications, Peter Sherrard said: ‘Passengers can expect another raft of unjustified fuel surcharge increases from Air France, Alitalia, British Airways and Iberia in the coming weeks. All of these airlines are hedged at well below current market rates for oil but all of them charge unjustified fuel levies and will use every possible opportunity to increase their surcharges.'
‘Lufthansa increased its fuel surcharges by another 21% yesterday and it will not be long before Europe’s other fuel surcharging high fare airlines follow suit,' he added.
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