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Non-Tech : AKH...the NEW Air France/KLM

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To: Skywatcher who wrote (24)4/21/2006 1:38:24 PM
From: Skywatcher  Read Replies (1) of 72
 
Swiss Air Lines Hikes Fuel Surcharges on Passenger Tickets Due to High Oil Prices

ZURICH, Switzerland (AP) -- Swiss International Air Lines, which has been taken over by Germany's Lufthansa AG, said Thursday it would raise its fuel surcharges on passenger tickets because of high oil prices.
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Swiss said the surcharge hike would go into effect April 25 and would apply for all longhaul, European and domestic flights.

Longhaul services will be subject to a 106 Swiss franc surcharge (US$83.51; euro67.61), up from the current charge of 93 francs (US$73.27; euro59.32). Rates for European and domestic flights will increase to 32 francs (US$25.21; euro20.41), from 29 francs (US$22.85; euro18.50).

Swiss last raised the rates in September 2005.

German flag carrier Lufthansa, Europe's third-largest passenger airline behind British Airways and Air France-KLM, decided in May 2005 to buy troubled Swiss, which had racked up aggregate losses of about 2 billion francs since its creation in 2002.

In January, Lufthansa said that its process to acquire all of Swiss' shares was complete and the company was delisted from the Zurich exchange.
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