Air Fares On The Upswing As Jet Fuel Costs Increase - Spokane, North Idaho News & Weather KHQ.com

Air Fares On The Upswing As Jet Fuel Costs Increase

USATODAY.COM - Air travelers can expect to pay even more. U.S. and foreign airlines are adding fuel surcharges to deal with the rising fuel cost of jet fuel which is going up with the price of crude oil.

United Continental added $6 in surcharges for round-trip tickets Monday, says Rick Seaney, CEO of FareCompare.com, which closely monitors fares.

American Airlines also raised base fares by $4 to $10 round trip on most routes about the same time United added its fuel surcharge, Seaney says. US Airways (LCC), Delta Air Lines (DAL) and AirTran (AAI) have also since matched the increases on some routes.

United subsequently dropped its surcharge, but rolled it into an increase in the base fare as American did. This round of fare increases, the industry's fifth since December, will likely stick, Seaney says.

"They didn't know whether to match either (the surcharge) or (the base fare increase)," he says. "Either way, we're going to have a hike."

Domestic travelers haven't paid fuel surcharges since November of 2008, when airlines eliminated them by rolling them into fares.

But oil prices are higher — at about $91 a barrel on Wednesday — and more fuel charges are likely coming. Those to feel them first: travelers to small cities or on routes where large network airlines face little competition, Seaney says.

Airline executives have been sounding the alarm about rising fuel prices for weeks. The International Air Transportation Association said Wednesday that the industry's profit worldwide would fall by 40% this year to $9.1 billion from last year based on oil at $84 per barrel.

Fuel surcharges on international tickets — a mainstay of international fares — are also rising. JetBlue recently added a $70 fuel charge on round-trip flights to Puerto Rico, and $90 to other parts of the Caribbean. On Tuesday, Air France increased fuel surcharges by between $2.80 and $146 one way, depending on the flight length.

Travel to most destinations in Europe carries a surcharge of $360, a 29% increase from a year ago, according to Tom Parsons, CEO of Bestfares.com.

"With the problems in the Middle East, speculation is that fuel may going back up," he says. "Whether you call it a fuel surcharge or fare hike ... prices will likely be higher."

  • Most Popular StoriesMost Popular StoriesMore>>

  • New York State illegally moving convicted sex offenders from prisons into group homes with the developmentally disabled

    New York State illegally moving convicted sex offenders from prisons into group homes with the developmentally disabled

    Thursday, September 20 2018 9:14 AM EDT2018-09-20 13:14:31 GMT
    Three State agencies are involved in placing convicted sex offenders in group homes or hiding this information from the families and the general public>>
    Three State agencies are involved in placing convicted sex offenders in group homes or hiding this information from the families and the general public>>
  • A bag for a bag: students tackle social stigma to fight food insecurity

    A bag for a bag: students tackle social stigma to fight food insecurity

    Tuesday, September 25 2018 2:15 AM EDT2018-09-25 06:15:59 GMT

    SPOKANE, Wash. - A problem within a solution – it’s a phrase so oxymoronic that it almost doesn’t make sense, but it’s crystal clear for a specific group of students at Lewis and Clark High School.

    >>

    SPOKANE, Wash. - A problem within a solution – it’s a phrase so oxymoronic that it almost doesn’t make sense, but it’s crystal clear for a specific group of students at Lewis and Clark High School.

    >>
  • Cougar removed from Coeur d'Alene tree euthanized

    Cougar removed from Coeur d'Alene tree euthanized

    Monday, September 24 2018 8:46 PM EDT2018-09-25 00:46:22 GMT

    COEUR D'ALENE, Idaho - Multiple crews responded to a report of a cougar in a tree in Coeur d'Alene Monday. "I think time is on our side," Coeur d'Alene Police Detective, Jay Wilhelm, said. Indeed, it was. Coeur d'Alene Police, Fire and members of the Idaho Fish and Game cornered the male mountain lion, which was nested up in a tree near Qualfon on Ironwood Drive.

    >>

    COEUR D'ALENE, Idaho - Multiple crews responded to a report of a cougar in a tree in Coeur d'Alene Monday. "I think time is on our side," Coeur d'Alene Police Detective, Jay Wilhelm, said. Indeed, it was. Coeur d'Alene Police, Fire and members of the Idaho Fish and Game cornered the male mountain lion, which was nested up in a tree near Qualfon on Ironwood Drive.

    >>
HD DOPPLER 6i
/