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Fuel hikes keep coming: airlines continue beating the oil drum with hedges, higher surcharges.

Publication: Business Travel News
Publication Date: 19-JUN-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Continuing the battle against high fuel costs, airlines aggressively have mitigated increases through fuel-hedging activities, efficient fleet deployment and--to the dismay of travel buyers--further fuel surcharges and fare hikes, as evidenced by new efforts this month.

Delta Air Lines led two moves raising prices. One, late last week, matched by American, Continental, Northwest, United and US Airways, raised walk-up coach fares and unrestricted, one-way first class tickets on domestic flights by $50, according to published reports.

American, Northwest, United and US Airways in recent weeks also matched Delta's fuel surcharge increase of $10 on most transatlantic flights from the Western Hemisphere, except...



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