News in the Algarve

 

 

 Reproduced from 'The Portugal News, Portugal's National Newspaper in English'.

 

 


 

 

TAP ready to hike fuel tax.... National airline TAP Portugal has admitted this week that it is preparing to increase the amount it charges passengers in fuel taxes due to soaring fuel prices in international markets.

 

TAP administrator Luiz Gama Mor has publicly assumed that the airline is ready to inflate plane tickets further in the coming weeks.

Speaking at the London Tourism Fair this week, he revealed that the strong euro has attenuated some of the effects of rising price of crude which is now approaching 100 USD a barrel.

Since November 8, 2006, the cost of fuel has risen from 59.63 USD to 96.73 USD.

Currently, TAP charges a fuel tax of 15 euros for a domestic flight, 25 euros are levied on passengers travelling to European destinations and 68 euros for intercontinental flights.

The last time TAP increased its fuel tax was on July 23.

The tax was created back in August 2004.