VIRGIN BLUE REVERSES FUEL SURCHARGE AS JET FUEL PRICES DROP11/11/2008
Tuesday 11 November 2008: Virgin Blue today announced it would reduce fuel surcharges by 20% on Virgin Blue domestic and Pacific Blue trans-Tasman and Pacific Island flights following a decline in record high global oil prices over recent months.
Effective immediately, the fuel surcharge is reduced to $19.00 for a one-way domestic flight and $35.00 for Pacific Blue and Polynesian Blue one way international flights.
Virgin Blue last increased its fuel surcharge in February 2008 in response to successive record hikes in the cost of jet fuel.
The airline resisted further fuel surcharge increases when oil reached record peaks of USD $145.00 per barrel in July this year.
Chief Executive, Brett Godfrey, said, “We are keeping our word. We are reluctant ever, to increase the cost of air travel by even a small amount however as jet fuel prices continued to rise and rise to extreme levels, like all airlines we were forced to introduce a levy to cover those costs," he said.
"But we have always promised that if the cost of fuel reversed, we would gladly reverse the surcharge accordingly. That is what we are doing, because that is fair," he said.
Multi award winning airline Virgin Blue and international carriers Pacific Blue and Polynesian Blue currently operate a fleet of 75 modern Boeing 737 and Embraer E-Jet aircraft flying to 26 Australian and 12 international destinations including New Zealand, Fiji, Bali, Samoa, Tonga, Papua New Guinea, Vanuatu and the Cook Islands. Virgin Blue was the first airline in the world to launch a Government-certified carbon offset program, where Guests can offset the carbon emissions from their flights. Virgin Blue Group has also announced plans to launch Australia's newest international airline, V Australia, set to commence flights between Australia and the USA in the first quarter of 2009, subject to regulatory approvals