British Airways will drop its fuel surcharge by as much as £13 from midnight tonight.
The airline says it has dropped the surcharge to remain competitive in the current marketplace.
This follows news from Virgin Atlantic yesterday that it is to drop its fuel surcharges due to the drop in the price of crude oil.
The Virgin charges will be cut by up to £13 per sector depending on the destination and class of cabin. Economy passengers will pay £10 less on shorter sectors and £13 less on longer sectors. Premium Economy passengers will pay £5 less on shorter sectors and £6.50 less on longer sectors.
British Airways says its cost of fuel has not reduced and is still expected to rise 50 per cent this year from £2 billion to £3 billion. This equates to a daily fuel bill of about £8 million. Its reductions match those made by Virgin Atlantic yesterday.