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A_flyer
9th August 2006, 08:18
I used an automatic translator as it was only in French so I must apologize for the translation errors:

Air France-KLM, first European alliance, will reflect the new blaze of oil on the tickets price

At Air France, this rise which will come into effect Thursday August 10, will be 1 euro on the interior flights, 2 euros on the middle-distance carriers and 7 euros on the long-distance carrier where the overload will reach 58 euros per flight.

The courses of oil continue to flame, flirtant these days with the 80 dollars the barrel.

It is the seventh time that Air France increases its surchage carburizing on long-distance carrier since its introduction in May 2004. A decision taken "because of the extremely high level of the courses of oil", indicated the company.

This increase "will be removed as soon as the course of the barrel passes by again below 65 dollars during 30 days consecutive", specified Air France.

For its part the Dutch airline KLM announced a raising of 1 euro for the domestic flights (2 euros for a return ticket), 2 euros on the middle-distance one and of 7 euros on the long-distance carriers.

Vis-a-vis with the blaze of the black gold, other companies already raised their overload carburizing: the Portuguese TAP and Malaysian Malaysia Airlines.

At this time, the near total of the companies, except for the conveyors at low costs, make divide the burden with their customers by adding overloads to the price of the tickets.

But the sector, whose kerosene constitutes the principal expenditure, must also nibble on the costs of the other stations to survive a durably expensive oil, agree to saying the experts.

In this tended context, the European airline companies are gone up to the crenel Monday against the oil companies, by claiming an investigation of Brussels into the tariff practices of the kerosene suppliers, who would deceive, according to them, of dominant positions.

In June, the Italian authorities of competition had imposed a fine of 315 million euros with six large oil companies to have exchanged information and to have increased the price of the kerosene unlawfully.

France 2

walesrob
9th August 2006, 08:38
KLM Dutchwoman?

Nice to see political correctness alive and well in Europe :icon_lol::Rasp:

A_flyer
9th August 2006, 09:11
KLM Dutchwoman?

Nice to see political correctness alive and well in Europe :icon_lol::Rasp:
I corrected it, the translator thought it was a noun and it was only an adjective...

Pauldo
10th August 2006, 18:55
Oil price is supposedly going crazy because of the under supply supply and over demand, yet Exxon-Mobil just posted last years profit = over 10 billion dollars.

Oil shortage? Or is this just a case of oil companies charging whatever the market will stand, which is normal business practise?

Win2Win
10th August 2006, 21:58
The thing is, the oil companies do not control the price, that is the big boys in the city playing with money. That's democracy at work!

Pauldo
11th August 2006, 04:06
"The thing is, the oil companies do not control the price, that is the big boys in the city playing with money. That's democracy at work!"

I'd guess the guys who sell it are working on behalf of the oil companies, as it is still basically sold at auction, or whatever they call it nowadays.

Open to best offer in job lots: a gazzillion barrels of Brent Crude, going, going, gone to the guy with the cowboy hat on and cigar.....