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On
Thursday, JAL filed an application with the Japanese Ministry of Land, Infrastructure and
Transport to revise from August 1, 2007 the international cargo fuel surcharge for flights departing
from Japan only.
The international cargo fuel surcharge on long haul routes for flights departing Japan will increase
from 66 yen to 73 yen per kg. In the case of short haul international routes, the surcharge will
increase from 57 to 63 yen per kg.
JAL has decided to increase the fuel surcharge on international cargo flights departing Japan, as
during the period May 11 to June 11 2007 the price of Singapore kerosene-type jet fuel averaged
US$80 per barrel for 20 consecutive working days.
The company is conducting a wide range of countermeasures to limit the full impact of the price
increase including fuel hedging, fuel consumption reductions, and the introduction of more fuel-efficient medium-sized aircraft to its freighter
fleet.
The fuel surcharge will be reduced once the average monthly price of Singapore kerosene falls below the benchmark of
US$80 per barrel
for 20 consecutive working days. The surcharges will be cancelled completely
if the average monthly price of Singapore kerosene falls below the benchmark of US$28.49
per barrel.
See
other recent news regarding:
Airlines,
Aviation,
JAL,
Fuel
Surcharge, Cargo
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