ROMFORD, England, June 29, 2011 /PRNewswire/ —
– Fuel prices for airlines have dropped back down to early 2011 levels, this will help stabilise the cost of travelling says Beat The Brochure
Fuel prices for airlines have dropped to their lowest levels since February following the opening of emergency oil reserves. Previously, the high cost of fuel meant many travel companies had been forced to add additional fuel surcharges to their prices, but online travel provider Beat The Brochure are anticipating that travel prices will now be due to return to normal levels.
Daniel Ox of Beat The Brochure says: “Anxiety over fuel availability at the beginning of the year drove fuel prices up considerably. This sudden rise meant that some travel operators had no choice but to implement costly fuel surcharges, which unfortunately left travellers footing the bill for this fuel price increase. For those with limited travel budgets taking holidays in San Antonio and other great value destinations, these surcharges added an additional consideration to their holiday financial planning that decreased the amount of money they had to spend while abroad.”
60 million barrels of oil are to be made available by the International Energy Agency (IEA) in the coming month. Beat The Brochure and other members of the travel industry have welcomed this move which comes at a time of increased seasonal demand for fuel as travellers fly to their summer holiday destinations. The price of oil dropped by six per cent immediately following this announcement.
Ox concludes: “This move should ease the burden on holidaymakers’ pockets over the summer period, giving them more money to spend on enjoying all the fabulous culture, activities, food and drink that come with a Beat The Brochure holiday. By taking advantage of this drop in fuel prices and the fantastic offers Beat The Brochure has on holidays to Santa Ponsa, Alcudia and other amazing destinations, travellers in summer 2011 could stand to save a substantial amount on their trips abroad.”