11th Jan 2007 14:58
British Airways PLC11 January 2007 LONGHAUL FUEL SURCHARGE REDUCED ON MANY ROUTES British Airways is to reduce its fuel surcharge on its shorter longhaul routesfrom tomorrow (Friday January 12, 2007) as a result of a fall in the price ofoil. As a result, the fuel surcharge on tickets sold in the UK for longhaul flightsscheduled at under nine hours in duration will be reduced from £35 per sector to£30 per sector (£60 return trip). The fuel surcharge on longer-range services, will remain at £35 per sector (£70return trip) to reflect the higher fuel consumption on these flights. The shorthaul fuel surcharge will remain unchanged at £8 per sector (£16 areturn trip). Robert Boyle, British Airways' commercial director, said: "The cost of oil hasreduced in recent weeks and therefore we believe that it is right that ourcustomers benefit from lower prices on shorter flights. "Reducing the fuel surcharge on some of our longhaul flights means that theamount customers pay better reflects the cost of fuel to BA for their specificflight. "Despite the recent drop in oil price, our fuel costs remain a real burden. Itis our second largest cost after employee costs." The reduced fuel surcharge on certain longhaul flights will apply to ticketsissued from Friday January 12, 2007. British Airways will also reduce its fuel surcharges by equivalent levels in allmarkets. ends January 12, 2007 004/GJ/06 LONGHAUL FUEL SURCHARGE REDUCED ON MANY ROUTES..2 Notes to editors: History of fuel surcharges on all British Airways' flights booked in the UKsince May 2004. May 13, 2004: Introduced a £2.50 per sector surcharge on longhaul and shorthaul. For all flights booked outside the UK the airline introduced a fuel surchargeof USD $4 per sector. August 11, 2004: Surcharge increased to £6 per sector on longhaul. Shorthaulremained at £2.50. Outside the UK, the longhaul fuel surcharge increased toUSD$10 per sector with shorthaul remaining at USD $4. October 14, 2004: Surcharge increased from £6 to £10 per sector on longhaul andfrom £2.50 to £4 per sector on shorthaul. Equivalent rises in other marketsoutside the UK. March 22, 2005: Surcharge increased from £10 to £16 per sector on longhaul andfrom £4 to £6 per sector on shorthaul. Equivalent rises in other markets outsidethe UK. June 27, 2005: Surcharge increased from £16 to £24 per sector on longhaul andfrom £6 to £8 per sector on shorthaul. Equivalent rises in other markets outsidethe UK. September 12, 2005: Surcharge increased from £24 per sector on longhaul to £30per sector. Shorthaul remained unchanged at £8 per sector. Equivalent rises inother markets outside the UK. April 18, 2006: Surcharge increased from £30 per sector on longhaul to £35 persector. Shorthaul remain unchanged at £8 per sector. Equivalent rises in othermarkets outside the UK. Timings based on planned scheduled times for flights departing the UK. Flights based on departures from London Heathrow and Gatwick or Manchesterunless otherwise stated. Destinations less than nine hours Destinations over nine hoursUSA Atlanta Dallas Fort WorthBermuda HoustonBoston OrlandoBaltimore TampaDetroit DenverNew York (Newark and JFK) Los AngelesWashington DC MiamiChicago PhoenixPhiladelphia Seattle San FranciscoCanada Montreal Vancouver Toronto Calgary Caribbean and Latin America Antigua Grenada Barbados Kingston Tobago St Lucia Buenos Aires Grand Cayman Port of Spain Rio de Janeiro Sao Paulo Mexico Nassau Turks and Caicos Africa Cairo Cape Town Abuja Dar es Salaam Accra Harare Entebbe Johannesburg Luanda Lusaka Lagos Mauritius Nairobi Middle East Abu Dhabi Bahrain Doha Dubai Kuwait Muscat Tel Aviv South Asia Bombay Bangalore Delhi Calcutta Islamabad Dhaka Chennai Far East and South West Pacific Singapore-Sydney Bangkok-Sydney Hong Kong Narita Beijing Shanghai Heathrow-Bangkok Heathrow-Singapore Heathrow-Sydney This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
International Airlines