| British
Airways and Lufthansa Cargo hike fuel surcharge
17 November 2007
British
Airways World Cargo and Lufthansa Cargo have both announced an increase to their
fuel surcharges. In
the case of British Airways the new rate of $0.80 will come into effect from November
29. The fuel surcharge increase follows a second consecutive week that the fuel
index has been above the level 16 threshold. The
index was developed by BA World Cargo to provide customers with more information
about the calculation of fuel surcharges. Updated on a weekly basis, the information
is posted on the British Airways World Cargo website.
Adam Carson, senior
manager, revenue management, at British Airways World Cargo, said: "The market
continues to be affected by rising fuel prices and as such it is necessary to
increase our fuel surcharge by two levels, in line with the index. Meanwhile,
Lufthansa Cargo, a unit of Germany's flagship airline Deutsche Lufthansa, has
said that it will increase its fuel surcharge to $1.16 per kilo from $1.02 per
kilo previously. The
higher fuel costs are planned to come into effect on November 26.  Previously,
Lufthansa Cargo had raised the fuel surcharge to $1.02 per kilo from $0.95, on
October 31, to be effective from November 12.
Other
reports on Aviation Other
reports on British Airways Other
reports on Lufthansa Other
news reports on Aviation & Aerospace
| 
