Cruise Line Fuel Surcharges Coming Next? That's My Prediction.
With the price of fuel rising (again) and cruise fares expected to remain low this winter, I would not be at all surprised to see the cruise lines reinstate fuel surcharges. All of them have retained the right to do so, and have a disclaimer to that effect on existing reservations. I'm not a financial genius (if I were I wouldn't be selling cruises), but I'm just waiting for the ball to drop.
$100-per-barrel oil could renew airline surcharges
Crude oil is nearing $100 a barrel, which could force major airlines to impose fuel surcharges or raise fares. "Every dollar that fuel rises erodes their earnings," said Jim Corridore, an equity analyst at Standard & Poor's. "It's not good news to see fuel prices back up. Once we start approaching $100 a barrel, you'll start to see fuel surcharges come back." Bloomberg (12/22)
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