Fuel cost blamed for Vir­gin Blue price hike

Townsville Bulletin - - Investor -

VIR­GIN Blue Hold­ings Ltd says it has hiked fares and in­creased fuel sur­charges again due to the soar­ing cost of fuel.

It’s the sec­ond time in less than a month the air­line group – com­pris­ing Vir­gin Blue, Poly­ne­sian Blue, Pa­cific Blue and V Aus­tralia – has taken fares higher in re­sponse to fuel prices.

The air­line group said yes­ter­day the fuel levy for flights to the US would rise by $ 50 per sec­tor to $ 165. That adds $ 100 on a re­turn trip to Los An­ge­les.

Mean­while, there would be a smaller in­crease of $ 20 per sec­tor for flights to Abu Dhabi, the UK and Europe to $ 240. Vir­gin Blue said it would also raise ticket prices for flights within Aus­tralia by be­tween $ 6 and $ 10 per sec­tor, with fares for short­haul re­gional flights to places such as New Zealand to rise by up to $ 20 per sec­tor. Vir­gin Blue closed at 34.5 cents.

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