Keeping Pace

Apr. 28 (LBO) – SriLankan Airlines Friday said it will raise fuel surcharge on ticket prices by up to 30 dollars from May 5, to partially offset soaring energy costs. The Dubai based carrier has a contract with the Sri Lankan government to run the airline and that expires on March 31, 2008.

-Mel Gunasekera The national carrier last raised the fuel levy in February by 10 dollars. For the financial year ended March 31, 2006, SriLankan had budgeted fuel at 1.54 dollars per gallon, but ended up paying 1.90 dollars per gallon.

For the current financial year starting April 1, 2006, SriLankan is now paying 1.96 dollars per gallon per gallon.

“The current cost of oil per barrel raises our costs above the 2.00 dollars per gallon mark, which is why we have levied a fuel increase effective 05 May,” the airline’s Chief Commercial Officer, Barry Brown told LBO.

Fares for European routes go up by 15 dollars, Middle East and Far East 10 dollars and Indian routes by 5 dollars. All of these are one way surcharges.

The fee will not be applicable on tickets bought before April 30, the airline said.

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