Air Canada announced today that its domestic fuel surcharge of $7.50 CDN one way will revert to $15.00 CDN on all tickets
issued as of April 11, 2002 for travel within Canada. The surcharge adjustment
is in response to escalating fuel prices.
The carrier first introduced a fuel surcharge of $15.00 CDN one way on
May 24, 2001 in response to sustained high fuel prices. The surcharge was
reduced by 50 percent on November 20, 2001 as a result of the decrease in fuel
prices.
When the fuel surcharge was introduced, Air Canada indicated that it
would be adjusted according to market fluctuations in fuel prices. Air Canada's domestic
surcharge compares to an $18.60 USD ($27.16 CDN) fuel-related one way
domestic surcharge by major US carriers. US carriers have not reduced the
surcharge since implementation in 2000.
Air Canada will continue to closely monitor jet fuel prices and will
adjust the surcharge accordingly. |
