Business
LIAT moves to remove fuel surcharges on fares effective March 1st
Leeward Islands Air Transport (LIAT), has today announced the complete removal of fuel surcharges on all new tickets booked, effective 1st March 2016.
According to LIAT chief executive officer David Evans, oil is now trading at a 12-year low, ending a decade of high jet fuel costs, which has impacted the price of tickets.
“We are committed to offering our customers the most affordable fares so our finance team regularly reviews the fuel surcharge levels and whenever changes are decided upon we announce them to the market”, Evans said.
“In this vein, we reduced the fuel surcharge by 50 per cent at the beginning of 2015 and it will now be completely removed from March 2016. This will mean that fares will fall by an average of 5 percent. So, beginning 1st March, customers will only have to pay the airfare and any applicable airport and government taxes when they book a flight.”
