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U.S. Airline Surcharges Set Record at $420 as Oil Prices Climb

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United Continental Holdings Inc., Delta Air Lines Inc. and rival U.S. carriers added a record $420 in fuel surcharges to round-trip European fares as soaring oil prices propelled first-quarter losses.

Across the industry, surcharges are as much as 50 percent greater than those put in place when fuel prices reached a record three years ago, according to air-travel website BestFares.com.