Global airlines hike surcharges as fuel prices creep higher

07/20/2009 | USA Today

This year's 43% rise in the price of crude oil has led some international airlines to raise their fuel surcharge, leaving some experts to wonder how long U.S. carriers can hold out before doing the same. Thus far, airlines in the U.S. have resisted higher surcharges for domestic flights, though some international routes have seen increases. "Carriers are still looking for revenue (to make up) for the revenue shortfall due to the weak economy and fewer travelers," says a spokesman for the Air Transport Association, noting that fuel accounts for 21% of an airline's operating cost.

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