Source: Reuters
AMSTERDAM, Sept 27 (Reuters) - KLM Royal Dutch Airlines, the Dutch arm of Air France KLM (AIRF.PA: Quote, Profile, Research), said on Wednesday it would reduce its fuel surcharge as a result of falling oil prices.
The surcharge would fall by 5 euros on all intercontinental flights and by 1 euro on all intra-European flights on tickets issued from Sept. 28.
Oil prices firmed above $61 a barrel on Wednesday, but have tumbled from a peak of more than $78 a barrel in July.
But KLM's neighbour Deutsche Lufthansa (LHAG.DE: Quote, Profile, Research) said it had no immediate plans to follow suit. "At the moment there is no plan to lower the fuel surcharges. We are continually observing the market," a spokesman said.
KLM to reduce fuel surcharge
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KLM to reduce fuel surcharge
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