BEIJING (AFX-ASIA) – Asian airlines plan to increase fuel surcharges on cargo and some are considering introducing them on passenger flights after crude oil prices surged to a 14-year high of US$40 per barrel, the Financial Times reported. The paper said 72 airlines in Hong Kong will increase fuel surcharges on cargo by 33.3%, starting…
MARKETS: Asian airlines plan fuel surcharge hike to offset surging oil prices
Posted on May 13, 2004 by EnergyAsia