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Antigua – Regional Airline, LIAT, on Friday announced that it is reducing the fuelLIAT has announced a reduction on the fuel surcharge on tickets.surcharge on tickets.Chief Executive Officer,Cheap Jerseys From China, David Evans,Wholesale NFL Jerseys, said that effective January 15,Wholesale NFL Jerseys, the fuel surcharge will be reduced by 50 per cent for all new bookings.LIAT first introduced a fuel surcharge in 2003, in the wake of increasing fuel prices. In 2009 when the prices went down, the company took a decision to remove the fuel surcharge. However,Cheap Jerseys From China, in 2011, LIAT re-introduced the fuel surcharge in response to months of spiraling jet fuel prices. That year alone, LIAT spent US$22 million on fuel,Cheap Jerseys China, or 18 per cent of total costs.The price of both jet fuel (the fuel used by airlines),Soccer Jerseys From China, and crude oil have been falling recently.Evans said, being fully aware of the impact rising fuel prices have had on customers, it is only fitting that they benefit from the decreased prices.
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