U.S. airlines withdraw fuel fee increase
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Major U.S. airlines on Tuesday rolled back a fuel surcharge increase aimed at offsetting soaring oil prices as consumers balk at higher ticket prices and worries over the health of the economy grow.
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The airline industry is expected to lose as much as $4-b in 2004 due to the high fuel costs, despite an increase of about 19% in international passenger traffic so far this year.
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Air France becomes the latest major airline to raise ticket prices in response to higher fuel costs.
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French flag carrier Air France is raising its ticket prices by up to 12 euros (8 pounds) per flight leg, joining a number of other airlines in passing on higher jet fuel costs to passengers.
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Air New Zealand announced Thursday that it will increase its surcharge on air fares from early next month because of the rising cost of jet fuel.
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Two of the largest U.S. airlines raised fares on Friday, aiming to take advantage of strong travel demand to boost profitability and offset the price of jet fuel, which despite recent declines, remains historically high.
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U.S. airlines may start charging  passengers separately for jet fuel as oil prices inch past $100  per barrel.
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British Airways, Europe&#39;s biggest airline by passenger capacity, has hiked its fuel surcharges by up to UKÂ£8 per ticket, a day after oil prices climbed to record levels.
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U.S. airlines have begun to withdraw a revenue-boosting fare increase initiated last week by Delta Air Lines, but it is too soon to say whether the bulk of the increase will last, a fare tracker said on Monday.
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Most U.S. airlines, trying to offset record high jet fuel prices, have boosted air fares in North America by as much as &#36;10 on round-trip flights.
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American Airlines, United Airlines and US Airways  doubled their fuel surcharges to $40 from $20 on domestic roundtrip tickets over the weekend, matching a move by Continental Airlines  last week.
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Southwest Airlines Co., the leading U.S. budget carrier, said on Monday it raised fares by as much as $10 each way, a move that triggered matching fare hikes by major rivals.
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Travelers will have to pay up to $10 more for a roundtrip ticket on UAL Corp's  United Airlines and $14 more on Continental Airlines , as the airlines seek to offset the rising cost of jet fuel.
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U.S. airlines raised fares by up to  $10 one-way for tickets geared at business travelers, taking  advantage of robust demand at the tail end of the peak summer  travel season.
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SYDNEY : Australian airline Virgin Blue announced it was sharply increasing a fuel surcharge imposed in May to compensate for rising world oil prices.
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British Airways is to raise its fuel surcharge as a result of the continuing increase in the price of oil.
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Complaints by US airline passengers about lost and mishandled luggage jumped 39 percent last year, fueled in large part by an increase in checked bags following last summer's ban on carry-on liquids.