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Silver sailor
July 29th, 2008, 12:36 PM
The price of a barrell of oil has dropped about 17% from it's recent high
I know it still has much further to go to reach the price of late 2007 early 2008
but would be interested in some input
1) When or will the airlines decreasetheir fares due to the reduction in fuel costs
2) Will the cruise lines eliminate or lower the "Fuel Suppliment Charges' they have institued over the last eight months
Hal started at 5$ per day increased it to $7 and finally to $9
Also increased the number of day the charges applied to 5 to 14

JimVrhovac
July 29th, 2008, 01:06 PM
I expect them to keep rising too. We are paying the price for our politicians that have refused to face and address the problems over the years (Not picking on any one party).

If HAL contracted for delivery when the prices were high we are stuck with the surcharge. My guess is that all the lines are doing the same thing. Our TA tells us that the problem is industry wide.

Until the prices come down dramatically we do not expect to see and cuts in the fuel surcharges.

Ruth & JIm

Krazy Kruizers
July 29th, 2008, 01:28 PM
Cruise lines sign contracts for their fuel. Don't expect to see the fuel charge dropped.

Same thing with the airlines -- they also sign contracts.

mindydaile
July 29th, 2008, 02:14 PM
This is why I dislike the idea of fuel surcharges vs. fare increases. Once a fuel surcharge is tacked on, and people become accustom to paying it, it won't go away even if fuel prices drop dramatically. IMO the fuel surcharges are here to stay.

Boytjie
July 29th, 2008, 02:20 PM
This is why I dislike the idea of fuel surcharges vs. fare increases. Once a fuel surcharge is tacked on, and people become accustom to paying it, it won't go away even if fuel prices drop dramatically. IMO the fuel surcharges are here to stay.

The fuel surcharges were started long after the fuel prices shot up, so a delay bofore it goes down should be expected.

Krazy Kruizers
July 29th, 2008, 02:44 PM
And remember those contracts that were signed!!

Gonzo70
July 29th, 2008, 02:54 PM
This is why I dislike the idea of fuel surcharges vs. fare increases. Once a fuel surcharge is tacked on, and people become accustom to paying it, it won't go away even if fuel prices drop dramatically. IMO the fuel surcharges are here to stay.

Carnival Corp. (which owns HAL) stated that oil would have to drop under $70 per barrel for over 30 straight days for them to rescind their fuel surhcharge (same conditions as Disney).

Silver sailor
July 29th, 2008, 03:14 PM
And remember those contracts that were signed!!

Anyone have any idea how far inadvance these contracts are effective
Hal initiated first surcharge for booking between 11/7/2007 and 4/20/2008
Second change for booking between 4/21/2008 to 6/11/2008 an additional $2 per day was added
Another increase of $2 per day was institued for booking 6/12/2008 or later just seven weeks after the second increase

pms4104
July 29th, 2008, 06:29 PM
The price of a barrell of oil has dropped about 17% from it's recent high
I know it still has much further to go to reach the price of late 2007 early 2008
but would be interested in some input
1) When or will the airlines decreasetheir fares due to the reduction in fuel costs I doubt the airlines will reduce their fares unless oil goes below $50/barrel ... most of them have been losing way too much $$$$$$$ for way too long.
2) Will the cruise lines eliminate or lower the "Fuel Suppliment Charges' they have institued over the last eight months
Hal started at 5$ per day increased it to $7 and finally to $9
Also increased the number of day the charges applied to 5 to 14 HAL's fuel charge, from its introduction, maxed out at the 14-day point. HAL did not increase the number of days for which the fee applied, just the cost/day. Further, the fee applied originally only to pax #1 and #2 per cabin and now applies to all passengers, tho a lower amount applies to #3 and #4 in each cabin.

My 2 cent ... I believe these fees are here to stay and will, if anything, increase.