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Examples
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Chief Financial Officer Stephan Gemkow said the airline expects its 2011 jet-fuel bill to rise to €6.8 billion, up from €5.2 billion in 2010.
Lufthansa Returns to Profit, Foresees Growth Jan Hromadko 2011
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The airline warned that its recent introduction of a jet-fuel surcharge "is expected to mitigate, but not fully offset, the effect of higher fuel prices during the second half of the year."
AirAsia Net Profit Falls 48% Ankur Relia 2011
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Carriers argued the fees give passengers more flexibility in determining the price of their trip, but some U.S. airlines are using the surcharges to offset rising jet-fuel prices.
Airline Rules Target Lost Baggage, Delays Timothy W. Martin 2011
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She explains that "airlines are expected to pass on any additional costs to consumers, as they already do when jet-fuel prices increase."
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Second, airlines are expected to pass on any additional costs to consumers, as they already do when jet-fuel prices increase.
Europe's Air 2011
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Faced with rising jet-fuel prices, U.S. airlines are confronting tricky choices between shrinking their networks and seizing growth opportunities.
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He said while current jet-fuel spot prices are about $890 a metric ton, Ryanair is 90% hedged for the fourth quarter ending 2011 at $750 a metric ton, and 80% hedged for the fiscal year ending 2012, at an average price of $800 a metric ton.
Strikes, Closures Hit Ryanair Kaveri Niththyananthan 2011
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—The head of Southwest Airlines Co. said Friday that travel demand isn't diminishing because of successive fare increases brought on as the industry battles with soaring jet-fuel costs.
Southwest Air CEO Says Demand Is Holding Up Doug Cameron 2011
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Southwest Airlines Co., JetBlue Airways Corp., and Alaska Air Group Inc. posted profits and said they plan to keep growing this year—even though jet-fuel prices have climbed nearly 20% since the beginning of the year.
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Delta said its jet-fuel costs during the quarter were up 30% from a year earlier.
Delta, US Airways Extend Losses Timothy W. Martin 2011
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