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Air France raises prices to cope with oil surge
Saudi Press Agency Published in Saudi Press Agency on 07 - 10 - 2004

Air France is increasing long-haul ticket
prices to counter the rise in oil prices, the company said.
In a statement late Thursday, Air France said it would
raise long-haul ticket prices by ¤11 (US$13.52). The
surcharge will be lifted automatically when the price of
oil remains below US$40 for 30 consecutive days.
The price of light sweet crude peaked US$53 a barrel in
New York on Thursday and eased back slightly in Asian
trading Friday.
KLM Royal Dutch Airlines, which was acquired by Air France
earlier this year, announced a ¤7 (US$8.60) fuel surcharge
on Thursday.

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