Showing posts with label Surcharge. Show all posts
Showing posts with label Surcharge. Show all posts

Wednesday, October 29, 2008

Oil Prices Rise, Air Fares Follow and Travellers Suffer

Airlines the world over are raising fares to offset rising oil prices. Although Oil is still a costly resource, it has pulled down by nearly 15-20% from its recent highs, whereas Air fuel surcharges haven't all fallen by the same measure. Airlines have been resistant, and some have even hiked their surcharges , despite the drop in fuel prices.

From the competitive aspect, many Airlines are colluding to use fuel surcharges to keep prices higher, which is a misguiding factor.What's the most alarming thing about all this is that there is no watchdog agency that is monitoring the way these surcharges practises operate.Slashing the sucharge will be a positive indication for the traveler. Hope and pray atleast a few responsible Airlines do join this bandwagon of 'No-Surcharge'

Happy Flyin'!

©®Chitra Lele