Ryanair calls on Aerlingus to abolish its fuel surcharges as oil prices fall
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Ryanair
Ryanair, Ireland's biggest airline today (Thursday, 18th January 2007) called upon Aer Lingus to abolish its EUR40/$45 each way fuel surcharge on its long haul flights.
This surcharge was first announced on 21st April 2006 when oil was at $74 a barrel, it is not justified, warranted or sustainable now that oil prices have fallen by almost 30% to $52/$53 per barrel today. Aer Lingus should explain why it is still charging a EUR40/$45 one way fuel surcharge (which was imposed when oil prices were $74 a barrel) when current oil prices are almost 30% lower.
Aer Lingus' Chief Executive, confirmed in his press release of 21st April 2006 (see attached) that "Aer Lingus will continue to monitor the cost of fuel prices and will revisit its approach to surcharges should the cost of fuel decrease". Well, oil prices are 30% lower than they were last April so it's time to scrap Aer Lingus' fuel surcharges.
Calling on Aer Lingus to end what Ryanair believes is a fuel surcharges scam, Ryanair's Head of Communications, Peter Sherrard, said:
"We believe there was no justification for Aer Lingus imposing fuel surcharges only on longhaul flights last year, particularly when no surcharges were levied on their shorthaul flights which accounts for 85% of their traffic. These surcharges suggest Aer Lingus' abuse of its dominant position on longhaul flights to and from Ireland.
"Aer Lingus should abolish these fuel surcharges now that oil prices have fallen 30% below the levels they were at in April 2006, when Aer Lingus first introduced them. It's time for Aer Lingus to keep its word and "revisit" these surcharges now that oil prices have fallen from $74 last April to $53 per barrel today.
"As Ryanair is the only airline across Europe to guarantee no fuel surcharges today, tomorrow or ever, we again call on Aer Lingus and other European airlines to scrap these unnecessary and unjustified fuel surcharges charges".
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