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View Full Version : Lufthansa raise prices - others to follow <?>


Sagey
26th Feb 2003, 14:55
Due to rising prices in crude oil, Lufthansa have raised ticket prices by 4.5%. Others are set to follow

Press Release:

Increase in the oil price forces Lufthansa to raise its ticket prices

Airline reacts to the new high price of crude oil

The price of crude oil has reached a new high. This is also having its effect on Deutsche Lufthansa AG. Cost increases, particularly as a result of the sharp increase in the oil price, have prompted the airline to raise its prices by around 4.5 percent. The price increase is planned to be implemented as soon as possible.

The measures will also have an effect on Lufthansa's special rates, and will mean that in future German domestic tickets will be bookable online from 92 Euro (previously 88 Euro) and from 102 Euro (previously 98 Euro) in all travel agencies with a Lufthansa agency, at the Lufthansa call center on 01 803 803 803 and at the Lufthansa sales counters at the airport.

Dewdrop
26th Feb 2003, 17:01
With FR having most of its fuel cost for the next 12 mths hedged (fixed) Lutfthansa could become very easy meat for the Low cost boys. One thing you can't do at the moment is to raise prices !