Fuel surcharge reduction

British Airways PLC 11 January 2007 LONGHAUL FUEL SURCHARGE REDUCED ON MANY ROUTES British Airways is to reduce its fuel surcharge on its shorter longhaul routes from tomorrow (Friday January 12, 2007) as a result of a fall in the price of oil. As a result, the fuel surcharge on tickets sold in the UK for longhaul flights scheduled at under nine hours in duration will be reduced from £35 per sector to £30 per sector (£60 return trip). The fuel surcharge on longer-range services, will remain at £35 per sector (£70 return trip) to reflect the higher fuel consumption on these flights. The shorthaul fuel surcharge will remain unchanged at £8 per sector (£16 a return trip). Robert Boyle, British Airways' commercial director, said: 'The cost of oil has reduced in recent weeks and therefore we believe that it is right that our customers benefit from lower prices on shorter flights. 'Reducing the fuel surcharge on some of our longhaul flights means that the amount customers pay better reflects the cost of fuel to BA for their specific flight. 'Despite the recent drop in oil price, our fuel costs remain a real burden. It is our second largest cost after employee costs.' The reduced fuel surcharge on certain longhaul flights will apply to tickets issued from Friday January 12, 2007. British Airways will also reduce its fuel surcharges by equivalent levels in all markets. ends January 12, 2007 004/GJ/06 LONGHAUL FUEL SURCHARGE REDUCED ON MANY ROUTES..2 Notes to editors: History of fuel surcharges on all British Airways' flights booked in the UK since May 2004. May 13, 2004: Introduced a £2.50 per sector surcharge on longhaul and shorthaul. For all flights booked outside the UK the airline introduced a fuel surcharge of USD $4 per sector. August 11, 2004: Surcharge increased to £6 per sector on longhaul. Shorthaul remained at £2.50. Outside the UK, the longhaul fuel surcharge increased to USD$10 per sector with shorthaul remaining at USD $4. October 14, 2004: Surcharge increased from £6 to £10 per sector on longhaul and from £2.50 to £4 per sector on shorthaul. Equivalent rises in other markets outside the UK. March 22, 2005: Surcharge increased from £10 to £16 per sector on longhaul and from £4 to £6 per sector on shorthaul. Equivalent rises in other markets outside the UK. June 27, 2005: Surcharge increased from £16 to £24 per sector on longhaul and from £6 to £8 per sector on shorthaul. Equivalent rises in other markets outside the UK. September 12, 2005: Surcharge increased from £24 per sector on longhaul to £30 per sector. Shorthaul remained unchanged at £8 per sector. Equivalent rises in other markets outside the UK. April 18, 2006: Surcharge increased from £30 per sector on longhaul to £35 per sector. Shorthaul remain unchanged at £8 per sector. Equivalent rises in other markets outside the UK. Timings based on planned scheduled times for flights departing the UK. Flights based on departures from London Heathrow and Gatwick or Manchester unless otherwise stated. Destinations less than nine hours Destinations over nine hours USA Atlanta Dallas Fort Worth Bermuda Houston Boston Orlando Baltimore Tampa Detroit Denver New York (Newark and JFK) Los Angeles Washington DC Miami Chicago Phoenix Philadelphia Seattle San Francisco Canada Montreal Vancouver Toronto Calgary Caribbean and Latin America Antigua Grenada Barbados Kingston Tobago St Lucia Buenos Aires Grand Cayman Port of Spain Rio de Janeiro Sao Paulo Mexico Nassau Turks and Caicos Africa Cairo Cape Town Abuja Dar es Salaam Accra Harare Entebbe Johannesburg Luanda Lusaka Lagos Mauritius Nairobi Middle East Abu Dhabi Bahrain Doha Dubai Kuwait Muscat Tel Aviv South Asia Bombay Bangalore Delhi Calcutta Islamabad Dhaka Chennai Far East and South West Pacific Singapore-Sydney Bangkok-Sydney Hong Kong Narita Beijing Shanghai Heathrow-Bangkok Heathrow-Singapore Heathrow-Sydney This information is provided by RNS The company news service from the London Stock Exchange

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