United pushes fuel surcharge by $10

To offset record-breaking fuel costs, United Airlines announced that it is adding a $5 one-way and $10 roundtrip fuel surcharge that will be incorporated into most domestic fares, effective today.The fuel surcharge will be incorporated into fares purchased for travel within the 49 states, excluding Hawaii.

Every dollar increase in the price of crude oil increases United’s annual costs by approximately $65 million.

Yesterday, the price of crude oil traded over $98 a barrel during the day and ended the day at $96.37 a barrel, compared with $55 a barrel just nine months ago and $20 a barrel six years ago.
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