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Qantas To Reduce International Fuel Surcharges - Qantas announced today it would reduce its international fuel surcharges in response to recent falls in oil and jet fuel prices
Qantas To Reduce International Fuel Surcharges

 

PRZOOM - /newswire/ - Sydney, Australia, 2008/10/08 - Qantas announced today it would reduce its international fuel surcharges in response to recent falls in oil and jet fuel prices.

   
 
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The changes will apply to tickets issued on or after Thursday 9 October 2008.

The Executive General Manager of Qantas, Mr John Borghetti, said the new international fuel surcharges (one way ex Australia) would be:

- UK and Europe- $A190 (new) $A210 (previous)

- Mainland USA, Canada, South America, South Africa and India - $A165 (new) $A150 (previous)

- Asia, Pacific, Honolulu - $110 (new) $120 (previous)

- New Zealand - $ 65 (new) $ 70 (previous)

"Although the price has fallen below US$100 a barrel in recent days, oil remains very volatile and a major challenge for the airline industry," Mr Borghetti said.

Mr Borghetti said the surcharge reduction would be accompanied by domestic fare reductions.

"Qantas domestic and QantasLink regional fares across a range of routes will be reduced by approximately 2-3 per cent," he said.

Mr Borghetti said at current oil prices, and even after hedging and fuel saving measures, the Qantas Group's fuel bill this year would still be $1.3 billion higher than in 2007/08.

Issued by Qantas Corporate Communication (3828)

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Qantas To Reduce International Fuel Surcharges

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Contact: Qantas Corporate Communication 
qantasmedia[.]qantas.com.au
 
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