Lufthansa hiked the surcharges it charges from travellers to offset high fuel costs for the second time in a month, as the price of oil stays above $130 per barrel.

From 16th June, the charges on both domestic and European services will go up by 3 euros to 24 euros each way, the carrier said on Wednesday. The surcharge on long-haul services will increase by 10 euros to 92 euros each way.

In a statement, Lufthansa said, "n recent weeks, crude oil and kerosene prices have continued to rise... In response to this development, Lufthansa is adjusting its fuel surcharges on its flights".

The carrier's air freight division, Lufthansa Cargo, is also planning to increase fuel surcharges to 1.20 euros per kilogram from 1.15 euros from 23rd June, said a source familiar with the matter.

The company earlier raised its surcharges on 14th May and it would continue to monitor the prices of oil and make more changes depending on the price trends.

Last week, its UK rival British Airways (BA) increased its surcharges to GBP 78 on long-haul services of less than 9 hours, GBP 16 pounds  each way on short-haul services and GBP 109 each way on services of over 9 hours journey.

On Friday, the price of oil touched an all time high level of $139.12 per barrel and on Wednesday, it was trading above $133.

Airline companies have said that increasing fuel costs will hit their profits hard this year even with attempts to hedge against rises.