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 Fuel surcharges to stay awhile
 
 9/10/2008 4:01:49 PM
Bob
14 posts


Fuel surcharges to stay awhile

I read an Associated Press article talking about how U.S. airlines have no plans in the near-term to cut fuel surcharges despite the recent decline in the price of crude oil.  My response to that was basically, "Duh! Of course they're not going to cut them anytime soon."  Even with the price of crude oil well off its high of around $147 a barrel, the airlines don't suddenly become huge profit machines with oil at $103 a barrel.  Not even close.  They're going to keep those fuel surcharges in place as long as they can, until market forces convince management that it's time to cut them.

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