CHICAGO, Nov. 8 /PRNewswire-FirstCall/ -- To offset record-breaking fuel costs, United Airlines announced today that it is adding a $5 one-way and $10 roundtrip fuel surcharge that will be incorporated into most domestic fares, effective today. The fuel surcharge will be incorporated into fares purchased for travel within the 49 states, excluding Hawaii.
Every dollar increase in the price of crude oil increases United's annual costs by approximately $65 million.
Yesterday, the price of crude oil traded over $98 a barrel during the day and ended the day at $96.37 a barrel, compared with $55 a barrel just nine months ago and $20 a barrel six years ago.
United Airlines (NASDAQ:UAUA) operates more than 3, 600** flights a day on United, United Express and Ted to more than 200 U.S. domestic and international destinations from its hubs in Los Angeles, San Francisco, Denver, Chicago and Washington, D.C. With key global air rights in the Asia-Pacific region, Europe and Latin America, United is one of the largest international carriers based in the United States. United also is a founding member of Star Alliance, which provides connections for our customers to 855 destinations in 155 countries worldwide. United's 55,000 employees reside in every U.S. state and in many countries around the world. News releases and other information about United can be found at the company's Web site at united.com.
**Based on the flight schedule between Jan. 1, 2007 and Dec. 31, 2007. Worldwide Press Office: 312-997-8640
Source: United Airlines