Iberia lowers its fares

Iberia has announced that as from today all its international flights will be a little cheaper because of the downward trend in international oil prices.

The Spanish airline has announced a reduction of 2 euros on the fuel charge of all its medium-distance flights (to European destinations) and a reduction of 3 euros on long-haul flights to the US, Latin American countries and South Africa. According to the press release sent out by Iberia today, prices could be revised again soon depending on possible fluctuations in prices of fuel in the future.

Iberia is the latest of several European airlines to announce a reduction in fares, although some have been more generous than others. Last week Lufthansa reduced the fuel charge on long haul flights by ten euros, and Air Europa announced plans to cut fares on its European flights by between one and seven euros, and on its long haul flights by between six and fifteen euros.

Last month the Dutch airline KLM reduced fares by five euros on its intercontinental flights and one euro on European flights and Air France by one euro on domestic flights, two on European and seven on its long haul flights.

Iberia’s online ticket sales on the rise

This month the Spanish airline announced that online ticket sales increased by 62 percent in the first nine months of this year with respect to the same period last year. 71 percent of all online purchases originated in Spain, representing a 55.5 percent increase compared to last year.

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