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Airlines plan hike in fuel surcharge from May
New Delhi: The global increase in oil prices has led to airlines hiking their fuel surcharge yet again. From May 5, the fuel surcharge on a return flight from India to Colombo, Maldives and Pakistan on Srilankan airlines would be hiked by $10 while the fuel surcharge on a return ticket to Europe, Canada, US and Australia would be up by $30.

The airline currently charges a fuel surcharge of $70 on flights to Sri Lanka, Pakistan and Maldives, while the current fuel surcharge on flights to Europe, US and Canada is $110.

German airline, Lufthansa has also announced an increase in its fuel charge for long-haul flights by € 10. The previous surcharge will apply to all tickets issued on or before May 5 the airline has said.

Singapore Airlines has also said that it will increase by $10 the fuel surcharge on a return ticket between India and Singapore for tickets issued on or after May 15.

Earlier this week, British Airways increased by £10 the fuel surcharge on a return ticket between India and the UK.
Air India said it was closely monitoring the situation and may also have to increase the fuel surcharge.

The price of oil has risen above $70 a barrel and experts anticipate it staying at this level for some time. This has left international airlines with little choice but to increase the fuel surcharge being levied on passengers.
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domain-B : Indian business : News Review : 27 April 2006 : international business