Virgin Blue Advises of Changes to Fuel Surcharges and Fares
Virgin Blue group of airlines today announced it would increase fares and international fuel surcharges in response to the continuing increases in global fuel prices.
The Group previously announced increases to fares and international fuel surcharges on 14 March, when fuel prices were at their highest levels since 2008, at US$130 per barrel. Jet fuel prices remain at historically high levels, currently at US$140 per barrel.
Virgin Blue group of airlines CEO and Managing Director John Borghetti said: “Jet fuel prices averaged US$90 per barrel in 2010. Current prices represent an increase of 55% from that level.”
“The changes we’re announcing today will only go some way towards recovering our fuel costs and are necessary in this environment”.
The following changes will apply:
On tickets sold from 10 May 2011, international long haul fuel surcharges on V Australia flights to Los Angeles will increase from AUD$165 each way to AUD$240 each way, in line with fuel surcharges on V Australia flights to Abu Dhabi/Europe/UK which will continue at their current level of AUD$240 each way.
On tickets sold from 6 May 2011, domestic and international fares on Virgin Blue and Pacific Blue flights will increase by up to AUD$10 per sector. Exact increases will vary according to sector.