LH increases[/reduces] fuel surcharge
#376
Moderator: Lufthansa Miles & More, India based airlines, India, External Miles & Points Resources
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Note the good side of the YQ system alignment is now you don't pay YQ for segments anymore, so a decent D or B fare can be maxed out in terms of segments and milked for a mileage run nicely. Like the OU D fares inside Europe....
#377
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I bet 99% of the people spending hundreds to thousands of $$$ on "award" tickets really do appreciate the great opportunity to milk the OU MR
#378
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No way they will reduce that for no apparent reason, like falling fuel prices ;-)
HTB.
#379
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#380
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#381
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IATA confirms that jet fuel prices dropped almost 16% during the course of the year:
http://www.iata.org/publications/eco...-analysis.aspx
Is there any chance that LH group of companies follow course and drop their fuel surcharges, which is mostly attributed to the increase cost of fuel?
http://www.iata.org/publications/eco...-analysis.aspx
Is there any chance that LH group of companies follow course and drop their fuel surcharges, which is mostly attributed to the increase cost of fuel?
#382
Join Date: May 2010
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Of course you have to remember that most airlines hedge their fuel in order to reduce the impact of volatility in the price. So actually it is possible that in most cases the recent reduction of fuel prices has not yet hit the airlines and they are still using stock purchased at a fixed higher price.
Also, I would expect that they would be relectant to reduce them to soon as they could easily rise again quickly and then they would have to adjust the surcharges again, and of course each change requires a lot of admin effort.
Plus of course, it could enhance their profits!
I would expect that we need to wait perhaps even a few months before we see any changes, and then as soon as one airline adjust them then it will have a cascading effect.
Also, I would expect that they would be relectant to reduce them to soon as they could easily rise again quickly and then they would have to adjust the surcharges again, and of course each change requires a lot of admin effort.
Plus of course, it could enhance their profits!
I would expect that we need to wait perhaps even a few months before we see any changes, and then as soon as one airline adjust them then it will have a cascading effect.
#383
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HTB.
#384
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Absent regulatory/legal action to restrict airline surcharges, customers shouldn't expect much airline fee financial relief arising from an airline that is materially benefitting from lower fuel prices in an environment with high surcharges being extremely sticky.
#385
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This seems to represent a decent reduction on the fuel surcharges (€33 per segment), so a 4 segment European award round trip might actually turn out to be a bit better value than previously:
http://www.miles-and-more.com/online...l=en&cid=18002
Valid until 25 March 2015.
http://www.miles-and-more.com/online...l=en&cid=18002
Valid until 25 March 2015.
#386
Join Date: May 2006
Location: BRS (Bristol, UK)
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Watch the small print. It's only very specific routes and intra-DE flights.
(It looks like they've targeted countries where you can use BA/Avios Reward Flight Saver to only pay £35 for all taxes, although it's still nowhere near as good as Avios for s/haul between the UK and Europe).
This offer is valid on all Lufthansa-operated return flights between Germany and Lisbon, Paris, London, Barcelona, Madrid and Rome, as well as all flights within Germany. Both outbound and inbound flight must take place within the offer’s period of travel.
Last edited by BristolTraveller; Jan 4, 2015 at 3:28 pm Reason: Added observation on RFS
#387
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The latest update on the fuel prices drop which is about 42% during the course of the year:
http://www.iata.org/publications/eco...-analysis.aspx
Com'n LH it is time that you evaluate your YQ and lower it decently ASAP @:-)
http://www.iata.org/publications/eco...-analysis.aspx
Com'n LH it is time that you evaluate your YQ and lower it decently ASAP @:-)
#388
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Well, at the end, most passengers are interested in the final price. It does not matter if the base fare is super cheap and the "surcharge" is super expensive.
Since LH faces competition on most of its routes, I cannot arbitrarily charge a final price whatever it wants.
The people, who care about the "surcharge", are mostly looking for award travel.
They should already know that the "surcharge" is not there to cover short term fuel hikes, the "surcharge" is there to milk the mileage redemption folks. No one has forced them to become a member of M&M.
Thus, where is the incentive for LH to lower its "surcharge"?
Move on!
Since LH faces competition on most of its routes, I cannot arbitrarily charge a final price whatever it wants.
The people, who care about the "surcharge", are mostly looking for award travel.
They should already know that the "surcharge" is not there to cover short term fuel hikes, the "surcharge" is there to milk the mileage redemption folks. No one has forced them to become a member of M&M.
Thus, where is the incentive for LH to lower its "surcharge"?
Move on!
#389
Join Date: Dec 2007
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OIL is at $ 50 just right now
http://www.reuters.com/article/2015/...0KE06V20150105
I predicted in the past that OIL will drop to $ 50 and I was 100% accurate ^
http://www.reuters.com/article/2015/...0KE06V20150105
I predicted in the past that OIL will drop to $ 50 and I was 100% accurate ^
#390
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HTB.