British Airways World Cargo today announced an increase to its fuel surcharge, with the new rate of US$0.80 coming into effect from November 29.
The fuel surcharge increase follows a second consecutive week that the fuel index has been above the level 16 threshold.
The index was developed by BA World Cargo to provide customers with more information about the calculation of fuel surcharges. It is updated on a weekly basis and posted on the British Airways World Cargo website.
Adam Carson, senior manager revenue management at British Airways World Cargo, said: "The market continues to be affected by rising fuel prices and as such it is necessary to increase our fuel surcharge by two levels, in line with the index."
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