Back Airlines to hike fuel surcharge from May 5
Ashwini Phadnis
| Air India, Thai Airways closely monitoring the situation |
Cost effect
BA increases surcharge by £10; SriLankan by $30 to Europe
Lufthansa hikes its fuel charge for long-haul flights by € 10
Singapore Airlines to increase the surcharge by $10 on a return ticket between India and Singapore
New Delhi , April 26
This summer, get set to pay more for an international flight. The global increase in oil prices has led to airlines hiking their fuel surcharge yet again.
From May 5, the fuel surcharge on a return flight from India to Colombo, Maldives and Pakistan on Srilankan airlines would go up by $10 while the fuel surcharge on a return ticket to Europe, Canada, US and Australia would increase by $30, the airlines, Area Manager, Northern India, Nepal and Bangladesh, Mr Sharuka Wickrama-Adittiya, said.
The airline currently charges a fuel surcharge of $70 on flights to Sri Lanka, Pakistan and Maldives, while the current fuel surcharge on flights to Europe, US and Canada is $110.
The German airline, Lufthansa has also announced that it was increasing its fuel charge for long-haul flights by € 10. "The fuel surcharge on long-haul tickets sold on or after May 5 will be raised to € 62 per sector. The previous surcharge will apply to all tickets issued on or before May 5," the airline has said.
Similarly, Singapore Airlines has said that it will increase by $10 the fuel surcharge on a return ticket between India and Singapore for tickets issued on or after May 15.
Earlier this week, British Airways increased by £10 the fuel surcharge on a return ticket between India and the UK.
"Thai Airways constantly monitors international fuel prices. If there was a need then the airline would look at the possibility of revising the existing fuel surcharge," said the airline General Manager, Mr Viroj Sirihorachai.
When contacted a spokesperson for Air India said the airlines were closely monitoring the situation and may also have to increase the fuel surcharge.
Soaring oil prices
The price of oil has risen above $70 a barrel and experts anticipate it staying at this level for some time. This has left international airlines with little choice but to increase the fuel surcharge being levied on passengers.
"Previously, we estimated that during 2006-07, the annual fuel bill would rise by £400 million. But at these prices, we would now expect this year's fuel bill to be £600 million higher at £2.2 billion," said Mr Martin George, British Airways, Commercial Director.
The hike in fuel surcharge comes at a time when several airlines are offering lower fares to woo the customer. While British Airways is offering a return airfare of Rs 24,000 to the UK, Singapore Airlines has slashed economy class return fares between Delhi and Singapore by as much 60 per cent. The limited time offer from SIA allows a passenger to travel between Delhi and Singapore for Rs 8,888.
© Copyright 2000 - 2009 The Hindu Business Line