LH increases[/reduces] fuel surcharge

Old Oct 17, 08, 6:55 am
  #121  
 
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Originally Posted by andre1970 View Post
C'mon mate, that other thread is already saturated by my "contributions"
Maybe switch over to the UA forum? Low andre1970 saturation there...

Originally Posted by andre1970 View Post
Econ is too complex for me . So it is for you The difference is that you don't want to admit it...
I herewith admit that I'm exactly as clueless as you.
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Old Oct 17, 08, 9:05 am
  #122  
 
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Originally Posted by Triple3 View Post
I herewith admit that I'm exactly as clueless as you.
And I'm glad to be somebody's role-model!
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Old Oct 17, 08, 4:11 pm
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Originally Posted by andre1970 View Post
And I'm glad to be somebody's role-model!
Honi soit qui mal y pense...
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Old Oct 17, 08, 10:50 pm
  #124  
 
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Originally Posted by Triple3 View Post
Honi soit qui mal y pense...
"HONi soit qui mal y pense..." - please!
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Old Oct 26, 08, 10:27 am
  #125  
 
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OK, this page:
http://www.lufthansa.com/online/port...18&cid=1000276

now says that fuel surcharges (longhaul) will be:
$190 from Oct 1 to 31
$215 after Nov 1

Is this for real? Are they raising YQ despite falling oil prices?…
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Old Nov 8, 08, 11:06 pm
  #126  
 
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Originally Posted by slowly View Post
OK, this page:
http://www.lufthansa.com/online/port...18&cid=1000276

now says that fuel surcharges (longhaul) will be:
$190 from Oct 1 to 31
$215 after Nov 1

Is this for real? Are they raising YQ despite falling oil prices?…
I'm confused by this as well. The site says:
23,000 yen per long haul segment effective Nov 1
190 USD per long haul segment from Oct 1-31

Yet earlier threads on here quoted the Oct 15 announcement that YQ will be 92 euros per long haul for tickets issued after Oct 20. So which is it?

Also, when trying to redeem LH miles for a NH NRT-HKG r/t flight today, I was quoted taxes & fees of "around USD250." How does LH determine their YQ fees when redeeming miles for LH & other *A flights? Is there a schedule somewhere for this?
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Old Nov 9, 08, 3:42 am
  #127  
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Unless I am mistaken, fuel surcharges in Japan, for all carriers, are approved quarterly by the government. They are based on the average price of fuel during the previous quarter, so they have actually gone up for October-December. There is just a 3-month time lag for implementing increases and decreases.

Edited to add that the process is explained on the LH page quoted.
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Old Nov 21, 08, 8:08 am
  #128  
 
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Originally Posted by jkoul View Post

They switched the prices to Yen - however there is a long haul fuel surcharge reduction planned for Dec 1 (still not reflecting that fuel surcharge should be 0 USD if oil stays at these price levels)
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Old Nov 21, 08, 8:18 am
  #129  
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The current reduction is not really much:

Code:
Lufthansa decreases YQ fuel surcharge

Thanks to recent fuel price fluctuations, Lufthansa is able to lower fuel surcharges for your clients on most flights. The reduction applies to all Lufthansa tickets issued on or after October 20, 2008.

The fuel surcharge on domestic German and intra-European routes has been decreased from USD 35 to USD 32 per flight segment. On long-haul routes the fuel surcharge has been decreased from USD 105 to USD 100 per flight segment. For long-haul to long-haul flights, fuel surcharge is now administered per flight direction, as per the revised calculation procedure.

New fuel surcharges:

LH short-haul flights: USD 32 per sector

LH long-haul flights: USD 100 per sector


Long-haul to longhaul flights: Calculation per flight direction

Some examples of fuel charge calculation:

NYC - FRA - NYC

YQ = USD 100 + USD 100 = USD 200 


NYC - FRA - MIL - FRA - NYC

YQ = USD 100 + USD 32 + USD 32 USD + USD 100 = USD 264 



NYC - FRA - DEL

YQ= USD 160

NYC – FRA – DEL – FRA - NYC
YQ = USD 160 + USD160 = USD 320

Any other applicable taxes or surcharges are in addition to the YQ fuel surcharge.

Lufthansa continuously monitors oil prices and will make any future adjustments to the fuel surcharge depending upon further trends in the price of jet fuel.
I guess they are hurting from the Lehmann Brothers debacle. With Oil below 50$ yesterday, let see what happens!
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Old Nov 21, 08, 3:41 pm
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ITA and Expedia are seeing those YQs,but in € not in $. I know that the $ is much stronger than it was a few months ago, there still is a difference!And $ or €, the YQ are still too high.
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Old Nov 22, 08, 2:38 am
  #131  
 
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Originally Posted by MACH81 View Post
ITA and Expedia are seeing those YQs,but in € not in $.

Interesting, esp. if you keep in mind, that YQ was reduced in Oct to 24 Euro shorthaul and 92 Euro longhaul (see last page).
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Old Nov 22, 08, 9:20 am
  #132  
 
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Das Ende der Treibstoffzuschläge?

Oil prices are falling and falling day by day recently.
The outlook for further drop seems to be possible.
When will LH abolish fuel surcharges?
What was the price of oil when LH first introduce surcharges?
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Old Nov 22, 08, 9:30 am
  #133  
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Perhaps this thread would give you some answers:

Oil is down [LH to lower fuel surcharge]
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Old Nov 22, 08, 11:47 am
  #134  
 
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award fee recalculation

I am not sure if it would be possible to trigger a fare re-calculation but it might make sense to re-calculate/re-book long haul awards at some point.
Any ideas/thoughts on that?
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Old Nov 23, 08, 3:33 am
  #135  
 
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Fuel Surcharge first introduced on 24 August 2004

Fuel Surcharge was first introduced by LH on 24 August 2004. See this post:
http://www.flyertalk.com/forum/showt...ge#post3114200

Originally Posted by Meilensammler View Post
In another effort to achieve more cost-transparency Lufthansa will introduce a fuel-surcharge of 2 euro per segment for domestic and european flights. Intercontinental 7 Euro per coupon. Starting Aug 24th.
Those were the times!

The oil price around this time was $35-40 per barrel, the current oil price is $50 per barrel. Accounting for inflation, this is not such a big difference. The USD-EUR exchange rate was roughly the same, so no impact from the exchange rate.

Can someone plot the development of the oil price in EUR against the development of the fuel surcharge in EUR over the last 5 years? Would be interesting.
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