Thursday, May 5, 2011

Fuel Surcharge Reversal?

Price of crude oil and jet fuel has gone through a "mini crash" in the past few days. Prices have gone down about 10% in less than a week.

So what are the airlines going to do now? Historically, airlines have shrugged off declines in fuel costs, but are always very quick to react when the prices go up.

At the moment, no carrier is rushing to mark down their "fuel surcharge" which has reached a record $424 for a round-trip transatlantic ticket.

www.premieretravel.com

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