22 December 2008
SYDNEY ââ¬' Qantas has further reduced its fuel surcharges, lopping $30 off one-way fares between Australia and Europe/UK. The new surcharge is $160 one-way for tickets issued from today.
The crude oil price peaked at $US147.27 a barrel in July and has since fallen to $US38 per barrel - a four-and-a-half year low.
Qantas executive general manager John Borghetti said that the group's fuel bill this financial year would still be $400 million higher than in 2007/08.
The surcharge for USA, Canada, South America, India and South Africa falls $20 to $130 and the new Asia Pacific and Honolulu surcharge will be $95, a drop of $15.
The one-way surcharge to New Zealand is trimmed $10 to $55, while the domestic sector surcharge for Qantas and Qantas Link eases back from $21 to $18.
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