Emirates imposes new fuel surcharge to its flyers

By Steve UMIDHA On Sep 28, 2018

Dubai’s flagship carrier, Emirates Wednesday announced a new fuel surcharge in a bid to cushion escalating global oil prices.

The new surcharge will take effect from October, 1.

“Please be advised Emirates Airlines is increasing its fares effective 01 October 2018. The increase will be on fare and fuel surcharge for tickets issued on or after 01st Oct 2018. For Destination Dubai fare will increase by 10 per cent on Economy Class only,” reads a statement from the airline.

A fuel surcharge is a way of adjusting the amount paid to move freight by taking into account significant variation in fuel prices, compared to historical levels. It is a method for sharing or transferring risk. Most carriers and shippers participate in a fuel program of some kind.

Steve UMIDHA 4617 posts 1 comments

Steven Umidha is a data and financial journalist with over 15 years of work experience in journalism and communication.

He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.

He is the founder of Financial Fortune Media, and a Co-founder of One Planet Agency (OPA). He has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.

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