With fuel prices dropping precipitously why haven't cruise lines and air lines started dropping their surcharges, particularly with the economy so bad?
Carnival Corporation announced a couple of days ago that its 2010 cruises on all its brands will have no fuel surcharges, but the overall cost of the cruise is likely to be higher than in 2009.
They also announced a complicated formula by which they may refund fuel surcharges on 2008 and 2009 cruises. It has something to do with the price of oil being under $70 per barrel for the 25 days prior to the cruise departure. If passengers are eligible for a refund under those circumstances, it'll be in the form of an onboard credit to their account during their cruise.