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British Airways to hike fuel surcharges

/ Source: The Associated Press

British Airways PLC says it will raise its fuel surcharge on all flights.

BA says the increases reflect the high price of oil, which has flirted with $120 a barrel in recent days.

Prices for long-haul flights — those to destinations outside of Europe — will increase by about $40 to $60 per round-trip, the company said in a statement Tuesday. Those charges apply to flights booked after Friday

With the latest increase, the total surcharges on BA flights lasting more than nine hours will be about $315.

The price of short-haul flights will increase by about $12 per round-trip. That puts BA's surcharge for short-haul flights at about $52 per round-trip.