Nov 09 2007
United Adds Surcharge
United Airlines added a $5 surcharge to each way of the tickets it sells, Reuters reports. The move is designed to off-set increasing fuel costs. We’ve written before about the airline fare hikes and said they were like putting a band-aid on a machete wound. Now is a good time to lock in those frequent flyer tickets you’ve been saving.
Still, Brazil’s discovery of oil off its coast, in the deep waters of the Atlantic, probably won’t help. State-run Petróleo Brasileiro discovered an estimated 5 billion to 8 billion barrels of crude-oil equivalent about 180 miles off the coast of Rio de Janeiro, the WSJ reports. Too bad it’ll take years to get out.
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