Fuel surcharge
Join Date: May 2004
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Fuel Surcharge
Since the various regulatory parties raided various airline offices around the world as a result of investigating alleged collusion by airlines
any airlines that did not have a transparent method of explaining how they arrived at their surcharge figure certainly tended to put such a methodology in place pretty quickly after that
This methodology compares the movement of oil prices over 1 or more markets and if certain trigger points are reached for a certain period this will trigger any increase or decrease of the above charge
A lot of the major airlines show this methology on their sites
Apart from the above surcharge there has also been a security surcharge in place for some time and this had not changed hardly at all until recently when 1 European airline stated it may increase the security charge (this was for cargo)
any airlines that did not have a transparent method of explaining how they arrived at their surcharge figure certainly tended to put such a methodology in place pretty quickly after that
This methodology compares the movement of oil prices over 1 or more markets and if certain trigger points are reached for a certain period this will trigger any increase or decrease of the above charge
A lot of the major airlines show this methology on their sites
Apart from the above surcharge there has also been a security surcharge in place for some time and this had not changed hardly at all until recently when 1 European airline stated it may increase the security charge (this was for cargo)
Join Date: Dec 2000
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I suspect also, that if the airlines were to be asked, that they'd suggest that they are only recovering a proportion of the added fuel costs, and not it all.
