17-Jun-2010 10:38 AM

Lufthansa to raise fares; lower fuel surcharges

Lufthansa announced plans to raise fares from 22-Jun-2010, although the carrier partially offset the increase by lowering fuel surcharges (Agence France-Presse/Dow Jones/AFP, 16-Jun-2010). The carrier will increase return long-haul fares by approximately EUR30, with intra-European fares increasing by EUR10-20. The increase, the first by the carrier since Oct-2009, will help the carrier finance investment in new aircraft and redesign its first and business-class cabins, according to the carrier. The carrier will also reduce fuel surcharges by EUR3 per sector to EUR21 on services in Europe and by EUR5-7 on long-haul services to between EUR77 and EUR92.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More