{*}
Add news
March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010 November 2010 December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 December 2024 January 2025 February 2025 March 2025 April 2025 May 2025 June 2025 July 2025 August 2025 September 2025 October 2025 November 2025 December 2025 January 2026 February 2026 March 2026
1 2 3 4 5 6 7 8 9 10 11 12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
News Every Day |

Oil spikes are pushing airlines to hike ticket prices. These carriers have already raised fares or canceled flights.

A Cathay Pacific Boeing 777.
  • Airline travelers' wallets are taking a hit right now.
  • Rising fuel costs and increased demand for direct flights are driving up ticket prices.
  • Here are the airlines that have announced their airfares are going up.

The Iran war is making travel more expensive.

Some airlines have announced that they will raise ticket prices due to geopolitical instability.

In particular, jet fuel costs have risen due to the war. Oil prices have faced considerable volatility, with tankers attacked in the Strait of Hormuz.

Brent crude sat around $97 a barrel early Thursday, up 60% since the start of the year.

Meanwhile, the war is also changing flight maps.

The Gulf countries are home to airport megahubs that connect passengers from all over the world, helping to link Europe with Asia and Oceania.

Plus, the Gulf itself was one of the busiest air corridors in the world before traffic was forced to re-route when the first strikes were launched in late February.

More people have therefore been trying to book direct flights between Asia and Europe.

That increased demand and a lower capacity is also prompting price hikes.

Here are the airlines that have spoken about their plans:

Qantas

Australia's flag carrier was one of the first airlines to bring in fare increases, telling local media of its plans earlier this week.

"Qantas International is increasing fares this week in response to rising costs including the significant increases in jet fuel prices," it said in a statement to Australian broadcaster 9News.

Air India

An Air India plane taking off from Toronto Pearson International Airport.

Air India, the national carrier of India, said on March 10 that it will levy fuel surcharges on all passengers buying tickets in a three-phase rollout.

From March 12, the airline will add fuel surcharges to flight tickets in India, Western Asia, and the Middle East, and increase surcharges already levied on flights to Southeast Asis and Africa.

After March 18, all tickets to Europe, North America, and Australia will face surcharges increasing by up to $50. For instance, the current fuel surcharge for flights to America is $150, but will rise to $200.

Additional surcharges for flights to the Far East will be announced in due course.

Air India Express

Air India Express, which is owned by Air India, does not currently impose fuel surcharges but will from March 12 as part of the airline group's plan.

Thai Airways

Thai Airways is raising ticket prices by 10% to 15% due to "overwhelming" demand and rising fuel costs, Chief Financial Officer Cherdchom Therdthirasak said this week.

"Passengers planning to travel should secure their tickets as soon as possible before fares rise further," Cherdchom said, according to Bloomberg. "Over the next two weeks, tickets will be extremely limited across both European routes and other destinations."

Cathay Pacific

The CEO of Hong Kong's flag carrier said at a news conference this week that fuel prices this month are twice the average, compared to the last two months.

"In March, like ever since the Middle East episode began, the costs of our fuel already doubled," CEO Ronald Lam said, according to the AFP. "So we are going to announce (a surcharge rise) very soon."

Air New Zealand

The Kiwi airline said it will cancel 1,100 flights affecting over 44,000 passengers between now and early May, its CEO Nikhil Ravishankar told Radio New Zealand.

"It's an unprecedented issue as far as fuel price is concerned, but managing fuel spikes is a well-trodden path if you're running an airline," Ravishankar said.

Read the original article on Business Insider
Ria.city






Read also

Wind gusts up to 60 mph could hit Chicago area Friday, forecasters say

THE INVISIBLE AYATOLLAH: Mojtaba Khamenei Still Nowhere To Be Seen, as Reports Suggest He Has ‘Lost a Leg’ and Is ‘In a Coma’

I Worked in Landscaping—This $26 Battery-Powered Sprayer Is a Must-Have for Anybody With a Garden

News, articles, comments, with a minute-by-minute update, now on Today24.pro

Today24.pro — latest news 24/7. You can add your news instantly now — here




Sports today


Новости тенниса


Спорт в России и мире


All sports news today





Sports in Russia today


Новости России


Russian.city



Губернаторы России









Путин в России и мире







Персональные новости
Russian.city





Friends of Today24

Музыкальные новости

Персональные новости