Summary
Airlines up fares as oil price soars .
AIRLINES are expected to increase the cost of tickets for millions of travellers because of soaring oil prices. British Airways is poised to put a surcharge of around Pounds 3 on tickets. Analysts predict Virgin Atlantic will match the move. The cost of a barrel of US light crude hit a new record last Thursday of $57.19 while London's Brent crude also topped $55 for the first time.See the full content of this document
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