Originally Posted by
LoungeLizzard
If this is only a "surcharge", fuel prices must have been quite unbelievably low before!
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I did the same calc for Air Berlin's fabulous version of fuel surcharges: there the charge looked to be waaaay ahead of per-passenger cost of fuel used. Keeps the "fares" low, huh

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A caveat is the incompetence/bad-luck of the airlines' hedgers: they may have locked in to high fuel price.