Airlines Worldwide Cash In On Weakening Oil Prices to Lower Fuel Surcharge

More airlines are slashing fuel surcharge because of the weakening oil prices. Responding to what it calls “the easing conditions of fuel markets,” Austrian Airlines is the latest airline to announce cutbacks in its fuel surcharge for all roundtrip transatlantic flights.

Philippine Airlines also said it would reduce its fuel surcharge, but only on domestic travel. The airline is planning to lower fuel surcharge per roundtrip flight in late October.

Joining Austrian Airlines and Philippine Airlines is Australian carrier Qantas, which said it is planning to cut down on fuel surcharge soon.

KLM Royal Dutch Airlines last week also announced it would reduce its fuel surcharge by €5 per stretch on all intercontinental flights and by €1 on all intra-European flights.