Germanwings has become the latest airline to increase fares following the sharply increased price of oil, now nudging $110 a barrel.
The budget airline has increased its cheapest fares by €10 to €29.99 and between £5 and £6 on flights from the UK. The rise includes a new air travel tax levied on German carriers since the start of the year.
Germanwings said it “does not expect” the price of kerosene, which this week rose to a two and a half year high of $121 a barrel, to fall significantly within the near future due to political instability among major oil producing countries.
The airline followed BA, which yesterday increased long-haul economy fares by £10 and premium long-haul rates by £20. This means that one-way fuel supplements on these fares now range from £85 to £145.