Porter Airlines Halves Fuel Surcharge on New Bookings as Global Oil Market Starts to ‘Normalize’
The airline said fuel prices have started to normalize, and it will keep monitoring conditions for further adjustments.
- On Tuesday, Porter Airlines reduced the temporary fuel surcharge on VIPorter reward flight redemptions from $40 to $20, citing a normalizing global oil market.
- The airline implemented the charge in March to offset fuel prices that doubled after Iran closed The Strait, a waterway carrying around 20 per cent of global oil traffic.
- Fuel prices remain approximately 50 per cent above last year, and the surcharge appears as "Other ATC " on bookings; competitors Air Transat, WestJet, and Air Canada Vacations also added surcharges.
- Markets began stabilizing after a June deal aimed at ending the war in the Middle East; while Porter adjusted its fees, other Canadian airlines have not yet responded to inquiries about reducing surcharges.
- Porter will continue to monitor fuel prices and make adjustments, with a goal to remove the surcharge entirely when costs return to levels seen at the beginning of this year.
9 Articles
9 Articles
Le Journal de Montreal
Le Journal de QuebecPorter Airlines cuts its fuel surcharge by half, from $40 to $20 per flight because the fuel market is back to normal.
The Toronto Star
Porter Airlines halves fuel surcharge on new bookings as global oil market starts to ‘normalize’
The airlines has dropped the charge to $20 from $40 on new reward flight bookings starting Tuesday, it said in an email sent to VIPorter members.
Porter Airlines Halves Fuel Surcharge on Reward Flight Bookings
Porter Airlines has cut its fuel surcharge on VIPorter flight redemptions in half. “As the fuel market has started to normalize, we have reduced the fuel surcharge to $20 for new reward flight bookings made starting today,” the carrier said in an email sent to customers. “We are monitoring the situation and will make further adjustments as conditions change.” The move comes on the heels of lower oil prices, although the company noted jet fuel r…
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