EasyJet says it will stick to promise and not add extra fuel costs to ticket prices
31 March 2008EasyJet stuck to a five-year-old pledge yesterday and promised not to introduce a fuel surcharge, even as its shares fell 17 per cent amid warnings that it would be spending £45 million more than it had forecast on aviation fuel in the second half of the year.
A profit warning from the low-cost airline dragged down the aviation sector and easyJet predicted worse to come from its rivals, which it said were basing their forecasts on oil at $850 a tonne, while it had risen to more than $1,000 a tonne.
source: Times OnLine
