Qantas has announced that it will again increase its international fuel surcharges and raise domestic, regional and trans Tasman fares by five per cent, in response to rising oil and jet fuel prices.
The increases will apply to tickets issued on or after Thursday April 28, while a fuel surcharge of $10 for domestic and $20 for trans Tasman Classic Award frequent flyer redemptions will also be levied. The fuel surcharge increase will be as much as $100 per one-way ticket for international long haul flights, rising from $190 to $290 for flights from Australia to Europe/UK one-way, and from $150 to $250 for flights to the mainland US and Canada one-way.
“The revised fuel surcharges cover less than half of the increase in fuel cost for the Qantas International business for next year. With fuel prices at record highs, even if the fuel price begins to decrease it will be some time before we will be able to decrease the fuel surcharge,” Qantas CEO Alan Joyce said.
Further, the Qantas chief would not rule out additional increases to fuel surcharges and fares, should the need arise. “Our international surcharges and domestic, regional and Tasman fares remain under review, and further increases will be considered if necessary,” he said.
Qantas noted that the price of Singapore Jet Fuel has risen to over US$136 per barrel.