Cite fuel oil price hike as reason<\/strong>
\nThe state-run Biman Bangladesh Airlines and private GMG Airlines last week raised their ticket prices on a number of local and international routes by $5 to $100.
\nOfficials of the airliners said the ticket prices were increased as they raised fuel surcharge following recent hike in jet fuel price on the international\u00a0market.
\n\u2018Only the fuel surcharge of the ticket price was increased, which led to higher airfares with effect from January 20,\u2019 Biman Bangladesh sales and marketing director Mohammad Shah Newaz told New Age on Saturday.
\nHe said they were forced to increase the fuel surcharge to offset losses incurred as a result of fuel price hike on the global market.
\n\u2018We haven\u2019t changed any of our fares, only the YR [Fuel Surcharge] has been increased,\u2019 GMG Airlines marketing and communication head Asif Ahmed told New Age.
\nHe said GMG Airlines raised fuel surcharge by $5 to $55 on international routes with effect from January 20.
\nEarlier in 2008, local airlines had increased airfares because of a record hike in oil prices on the international market but they later decreased the fares as the oil prices slumped.<\/p>\n

Via: New Age<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cite fuel oil price hike as reason The state-run Biman Bangladesh Airlines and private GMG Airlines last week raised their ticket prices on a number of local and international routes by $5 to $100. Officials of the airliners said the ticket prices were increased as they raised fuel surcharge following recent hike in jet fuel … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[4],"tags":[676,677,678,679,681,680],"yoast_head":"\n