11th Mar 2008 09:52
Ryanair Holdings PLC11 March 2008 LUFTHANSA INCREASES FUEL SURCHARGES BY 21% EUROPE'S FUEL SURCHARGING AIRLINES SET TO FOLLOW SUIT Ryanair, Europe's largest low fares airline today (Tuesday, 11th March 2008)predicted that Europe's high fare airlines will begin another round ofunjustified fuel surcharge increases following Lufthansa's decision yesterday toincrease its short haul fuel surcharges by 21%. Lufthansa now charges passengers€17 per short haul flight and €77 on long haul flights despite the fact it ishedged at well below current market rates for oil. Ryanair is the only airlinein Europe to guarantee passengers no fuel surcharges ever. Speaking today, Ryanair's Head of Communications, Peter Sherrard said, "Passengers can expect another raft of unjustified fuel surcharge increases fromAir France, Alitalia, British Airways and Iberia in the coming weeks. All ofthese airlines are hedged at well below current market rates for oil but all ofthem charge unjustified fuel levies and will use every possible opportunity toincrease their surcharges. Lufthansa increased its fuel surcharges by another21% yesterday and it will not be long before Europe's other fuel surcharginghigh fare airlines follow suit. "The only way for passengers to avoid this fuel surcharge scam is to flyRyanair, Europe's only airline to guarantee no fuel surcharges ever". ENDS Tuesday, 11th March 2008 For reference: Peter Sherrard - Ryanair, Tel: 01-8121228 Pauline McAlester - Murray Consultants, Tel: 01-4980300 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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