Virgin Airlines Cuts Their Fuel Surcharge
Virgin Airlines came out today and said that they would be reducing their fuel surcharge by $22 because of lower crude oil prices. This move will mostly help the economy class travelers. Virgin Airlines did not say how long they will keep this trend going but the ticket prices will move with normal economic supply and demand.
Virgin Airlines is one of a few amount of airlines that decided to not go the cheap route and would rather charge a little bit more than their competition to be able to provide a great flying experience. Virgin Airlines has been known to have gourmet meals and will have internet access on all of their flights very soon. Virgin has only a few flights right now that mainly go in between San Francisco, New York, and Washington D.C. Speculation has said that they may be opening up new routes in the near future but are waiting out the market with their competition. Many major airlines like American and Continental are getting rid of some of their smaller routes to focus more on the profitable larger routes.
Virgin does have one small advantage over the rest of its competitors. Sir Richard Branson is the owner of Virgin. He has been known to be a trend setter and will do everything to make his airline the best in the world. From all news accounts it looks like as if Virgin was the first to do any ticket price reduction because of lower fuel prices. The larger airlines are struggling to find any kind of revenue so will more than likely keep their ticket prices the same.
This still is a great time to take advantage of an airline mile credit card. If you travel a lot on business or like earning air miles to give you an excuse to travel it is suggested that you get a air mile credit card as soon as possible. With the credit markets tightening around the world, it makes it harder to get approved on any kind of credit card. Take your time and shop around for the best airline mile credit card available.
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