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United Kingdom · Question · Written question

UIN 24572

Aviation: Fares

answeredUnited Kingdom· UK Parliament· EN

Introduced

27 January 2016

Last action

4 February 2016 · Answer

Status

Answered

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Subjects

Aviation

Source updated

4 February 2016

Aviation

Summary

To ask the Secretary of State for Transport, what assessment he has made of the effect on the price of airline tickets of the falling price of oil.

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Timeline

  1. 27 January 2016

    Written question

    To ask the Secretary of State for Transport, what assessment he has made of the effect on the price of airline tickets of the falling price of oil.

    Source: Commons

  2. 4 February 2016

    Answer

    The recent drop in crude oil price would not have the same effect in aviation as it does in, for example, petrol stations. It is common practice in aviation industry to purchase aviation fuel in advance by entering into long-term hedging contracts, which ...

    Source: Written answer

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