Local airline officials are anticipating increases in oil and gas prices due to the ongoing conflict in the Middle East.
ZNS News spoke with the President of Western Air and the Managing Director of Bahamasair about impact higher fuel prices will have on the cost of travel.
Western Airline President and Chief Executive, Sherrexcia Rolle said the airline has already started to feel the impact of the surge in oil prices. She said, “though our jet fuel prices will potentially rise over 40% that does mean that ticket prices will also raise over 40%. If anything customers can expect anywhere from $4 to $9 minimal surcharge to sort of offset some of these additional new operational costs.”
Tracy Cooper of Bahamasair said there will be some adjustments to include a fuel surcharge. He said, “we’re not changing the ticket price itself but simply incorporating the increases into a fuel surcharge. We’re doing it this way so that immediately when the prices return to normal we’ll be able to remove that surcharge and have the ticket prices still stay the same.”
There is currently no timeline for an end to the hostilities in the Middle East.
