Lower price of fuel allows Malév to cut fares

The fall of crude oil prices has been passed on to consumers as airlines are cutting fuel surcharges resulting in overall lower fare prices.

Hungarian airline Malév did not add significant fuel surcharges to their tickets following the rise of oil prices in 2004, instead raising prices on certain routes to offset costs. This meant that in most cases price hikes were not passed on to customers.

Compared to the fall of 2007, Malév lowered their prices on inter-Europe travel in the fall of 2008. Some of this has been the result of promotions, while others have been due to lower fuel surcharges.

The airline will continue to see where they can reduce their fares to remain competitive within the airline market, Krisztina Németh, Malév's communications director said.

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