Yes and no. Some airlines are cutting back on their fuel surcharges, others are not.
Chinese airlines will stop fuel surcharges on domestic routes Feb 5th, as reported in this article on Reuters.
Others, like Canada's WestJet, say no they won't stop charging fuel surcharges or pass fuel savings on to consumers, in that ticket prices are really determined by supply and demand. Fuel prices are volatile and can change quickly, and any profits generated are returned to shareholders. That story from the Globe and Mail.
I do understand the supply and demand factor, but it just does not sit well with my sense of fairness when a major business expense reduces, that some of these savings aren't passed on to consumers.
Comments (1)