What goes up often doesn’t usually come down. But today on ETN I read that German airline Lufthansa has reduced its fuel surcharge as a result of the dramatic fall in crude oil prices we’ve seen in the past few weeks.
The airline was charging a 30 euro surcharge to European flights and a whopping 97 euros for long-haul routes. Now they’ve sliced three and five euros off each, which applies to all tickets purchased after October 20.
Too bad if you’re already holding the tickets, but it seems that at least one airline is going in the right direction. Wish I could get a break on the home heating oil I bought for $4.09 a gallon!