Regional airline LIAT increased a fuel charge on its fares last week, a move the company claims is needed due to “spiraling” jet fuel costs.
The mileage-based charge took effect Monday and ranges from $12.50 for a one-way trip up to 150 miles to $20 for a one-way trip above 300 miles, according to a company press release. The company last adjusted the surcharge in 2008.
“This is not a decision we have taken lightly. People and businesses throughout the Caribbean and indeed the world have felt the impact of rising fuel prices and LIAT is no exception,” said Desmond Brown, the company’s corporate communications manager, according to the release. “The fuel cost forms a significant part of LIAT’s operational costs. We held off as long as economically possible, but the company can no longer continue to absorb these increased costs.”
See the Aug. 18, 2011 edition for full coverage.