Expensive oil makes travelling more expensive.

The price of oil has reached a new record this week, which is a signal for Air France to raise their prices, more exactly the fuel adjudication. The price will raise with one euro if you travel in Europe, and with 5 euro when you take an intercontinental flight.
Brussels airlines, the belgian fly company will not raise their fuel adjudication yet, but they admit that if the situation stays like it is, they will have to intervene. They are following the situation closely.
Ryanair still doesn’t ask a fuel adjudication, but they sometimes change their prices for other services, like luggage, to keep good results.

The fuel adjudication encourages the travel agencies to raise the price for a journey. For the summer holidays, the travel agencies have already asked a fuel adjudication at their customers. Because their is a chance that they will have to pay more to fly compagnies in the future, they have also raised the brochure prises for the spring holidays, so they are armed against the oil price in spring. The travel agancies said that they won’t ask a fuel adjudication on top of the brochure prices for the spring holidays.

This article shows us that we are to dependent to oil, and that the oil price has a large effect at the European economy.

Source: klik