CHICAGO, Nov. 8 -- To offset record-breaking
fuel costs, United Airlines announced today that it is adding a $5 one-way
and $10 roundtrip fuel surcharge that will be incorporated into most
domestic fares, effective today. The fuel surcharge will be incorporated
into fares purchased for travel within the 49 states, excluding Hawaii.
Every dollar increase in the price of crude oil increases United's
annual costs by approximately $65 million.
Yesterday, the price of crude oil traded over $98 a barrel during the
day and ended the day at $96.37 a barrel, compared with $55 a barrel just
nine months ago and $20 a barrel six years ago.