Dubai carrier Emirates Airlines is to increase its fares from March 1 by up to AED170 ($46) for economy and AED610 ($166) for business class, a spokesperson has confirmed.
"Due to the current volatility of oil prices, Emirates is introducing a fuel surcharge, for all tickets issued on or after the 1st March 2012, to reflect the substantial recent increases in our fuel costs,” a spokesperson said in a statement.
The fare increases will vary according to route and ticket class and apply to each one-way ticket, the airline added.
For Emirates routes from the UAE to GCC, Middle East and South Asian Subcontinent, the fuel surcharge in economy class will be AED60, while business and first class travelers will pay an extra AED390.
On routes from the UAE to Africa, Europe, the Far East and Australasia, the economy surcharge is AED120, while first and business class customers will see an increase of AED500.
Passengers booking on routes to the Americas will pay an extra AED170 in economy, with first and business class being hit by the largest increase, AED610.
“Emirates has already incurred substantial costs by absorbing the recent price rises, but the surcharge gives us the ability to respond faster to market conditions, rather than a lengthier process of incorporating them into fares. The changes will also give us the ability to decrease prices quickly, where appropriate. We will review the level of the surcharge on an on-going basis, while remaining committed to providing our customers with excellent service and a strong value-for-money proposition," the statement added.
Earlier this month, Abu Dhabi carrier Etihad Airways said it would add a fuel surcharge to its European flights from March 1 to combat the European Union’s new carbon emissions trading scheme (ETS).
The operator will add an extra $3 per passenger for flights into and out of Europe, while an extra $0.03 cents/kg will be levied on cargo shipments.
Etihad says the charges have been calculated based on the additional costs for the carbon credits the airline needs to purchase for 2012 in order to comply with the scheme.
“As an airline we are strongly opposed to the unilateral measures imposed by the European Union on our flights into and out of Europe, especially as they include areas outside European airspace,” said Etihad CEO James Hogan in a statement.
In August last year, an Etihad spokesperson estimated that the cost to the carrier of the ETS could amount to $719m over the next eight years.