Ural Airlines’ Commercial Director Kirill Skuratov signed an order decreasing the fuel fee for the company’s Egypt-bound flights on September 5, 2008 after Hurghada Airport has reduced its jet fuel prices for the third time already.

The fuel fees have dropped several times over the last three months; the latest price of $42 (987 RUR) is a result of a 34.4% reduction since the beginning of the summer season. As for the Egyptian airports, after the two earlier decreases their jet fuel prices went down by 13% altogether.

‘Most market players felt strongly opposed to the fixed fuel fee price because of the possible global oil prices fluctuations. Both dramatic ups and downs could be expected. The only thing we could guarantee to the tour operators was that our fuel fee prices would strictly stick with the airports’ fuel price changes. Now that the summer season is nearly over, I believe we managed to meet our obligations and the expectations the travelers and the travel agents had of us,’ Kirill Skuratov said.