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Business, Economics

Qantas > Ticket prices rise

If you’re looking at booking a Qantas flight in the near future, you might want to do it sooner rather than later, because prices are on the way up.

The flying kangaroo, is lifting the fuel surcharge on international flights from between $20 and $60 with the longer routes copping the $60 extra. The new rates will start from 15 February.

So, for example, the current one way fuel surcharge to the US is $250, that will rise to $310 in a fortnight. Similarly, for flights to London, expect to pay a fuel surcharge of $350 now.

It’s blaming the higher cost of jet fuel, which at $2.2billion for the last six months of 2011, is its single highest operational cost. It’s up $450million on the same time the previous year.

Domestic flight fares will also be affected by an average 2.5 per cent. So that means, the cheapest Qantas flight from Sydney to Melbourne for example will now be $122, up from $117. These changes will start from 9 February.

Furthermore, there’s be a $2 increase in the fuel surcharge for domestic Qantas Frequent Flyer Classic Award redemptions.

That’s not all though. The various emissions trading schemes around the world will also mean higher prices for Qantas customers.

Airlines are now included in the EU’s ETS.

For Qantas passengers, that means a new surcharge of $3.50 will be applied each way to London and Frankfurt, from 15 February.

And Australia’s own carbon pricing system will see a carbon surcharge here also, based on flight sector length, with the longest route seeing a $6.86 increase from 15 February.

No doubt we’ll be hearing from Virgin Australia sometime soon.

But let’s not forget, it’s not all that bad, as I mentioned in a previous post, international accommodation and travel prices fell in the last quarter by almost 2 per cent.







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