With oil prices now trading at US$114 per barrel, Qantas has now increased its fuel surcharge to $210 on flights to Europe, and to $165 to Africa and the Americas, which means higher airfares for anyone travelling to or from Australia.

The really interesting aspect to all this, however, is that oil prices decreased for a short period, at the beginning of 2007; where was the corresponding decrease to Qantas’ fuel surcharge?

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