BA lifts fuel surcharge, blames higher oil prices

December 14, 2010 12:00 am

, LONDON, Dec 14 – British Airways will raise its fuel surcharge on longhaul flights following a recent surge in oil prices, it announced on Tuesday.

"BA will increase its fuel surcharge on longhaul services from Thursday, December 16," the group said in a statement.

"The move reflects the substantial recent increase in the price of oil." There will be no levy on shorthaul flights.

BA, which is merging with Spanish peer Iberia to save costs, added that it would increase the surcharge by 10 pounds (12 euros, 16 dollars) for a single longhaul ticket, and 20 pounds for a return journey.

Crude oil futures last week struck two-year highs above 92 dollars a barrel, in turn ramping up the cost of kerosene, or jet fuel.


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