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Fuel Surcharges

All articles tagged with #fuel surcharges

EU bans retroactive fuel surcharges on booked flights amid price-transparency push
europe3 hours ago

EU bans retroactive fuel surcharges on booked flights amid price-transparency push

The European Commission says airlines cannot retroactively raise ticket prices with fuel surcharges after a sale, insisting the final price shown to passengers must include all taxes and charges. Volotea has added surcharges up to €14 post-purchase under its Fair Travel Promise. Passengers affected by cancellations retain rights to reimbursement, rerouting, or assistance, while high fuel costs are not considered extraordinary circumstances and airlines must manage price volatility themselves.

Diesel Spike Pressures Small Truckers as Freight Boom Fades
business1 month ago

Diesel Spike Pressures Small Truckers as Freight Boom Fades

Rising diesel prices—about 41% since the Iran-related conflict began to an average near $5.38 a gallon—are crushing cash flow for small owner-operators who pay the fuel bill and lack automatic surcharges, while many long-haul carriers shielded by contracts and hedging see steadier profits; with a post-pandemic oversupply and volatile spot rates, some independents are parking rigs as freight demand remains uncertain, even as a few survivors tighten budgets and push back on unprofitable loads.