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 JAL
        has filed an application with the Japanese Ministry of Land, Infrastructure and Transport to revise from December 1, 2007
        its 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 73 yen to 80 yen per kg. In the case
        of short haul international routes, the surcharge will increase from 63 to 69 yen per kg. JAL
        is increasing the fuel surcharge on international cargo flights departing Japan, as during the period August 30 to September
        27 2007 the price of Singapore kerosene-type jet fuel averaged US$85 per barrel for 20 consecutive working days. 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 when,
        and if, the average monthly price of Singapore kerosene falls below the benchmark of US$28.49
        per barrel. JAL first introduced the international cargo fuel surcharge in 2001. See
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