BA ups surcharge as airlines recover
Wednesday 15 December 2010
British Airways is increasing its fuel surcharge by £10 each way on all long haul flights from tomorrow.
The increase will leave economy-class travellers paying a surcharge of £63 each way for flights of less than nine hours, and £76 each way for flights of more than nine hours. The move reflects the increasing price of oil, the airline said.
Separately, the International Air Transport Association (Iata) revised its profit forecast for the global airline industry in 2010 up by nearly 70 per cent to $15bn (£9.5bn), thanks to an "exceptionally strong" third quarter. But despite rising profits, net margins remain weak, at 2.7 per cent this year and 1.5 per cent next, Iata warned.
"We still see the recovery pausing next year after a strong post-recession rebound," said Giovanni Bisignani, the Iata director general. "And the two-speed nature of the recovery is unchanged, with European airlines continuing to underperform other regions."
- 1 Malaysian cyclist could face disciplinary action after 'Save Gaza' gloves protest
- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 Fifty Shades of Grey trailer provokes moral outrage from US parenting groups
- 4 McDonald’s removes chicken nuggets from the menu in Hong Kong amid major food scare
- 5 Students offered grants if they tweet pro-Israeli propaganda
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
Malaysia Airlines MH17 crash: victims’ bodies bundled in black bags and loaded onto trains
John Barrowman praised for Commonwealth Games opening ceremony gay kiss
iJobs Money & Business
£600 - £650 per day: Orgtel: Conduct Risk Liaison Manager - Banking - London -...
£18000 - £23000 per annum + Comission: SThree: SThree, International Recruitme...
£280 - £300 per day + competitive: Orgtel: Test Analyst, Edinburgh, Credit Ris...
£20000 - £25000 per annum + OTE £40,000: SThree: SThree Group have been well e...