JAL to increase International Fare Fuel Surcharge

The JAL Group is to revise its fuel surcharge placed on all international passenger tickets issued for the 3 month period starting July 1, 2008.

The increase to the fuel surcharge for tickets issued between July 1 and September 30 2008, is because of the every increasing price of jet fuel. The price of Singapore kerosene-type jet fuel has averaged US$126.05 per barrel over the 3 month period February - April, 2008.

Based on a revised fuel surcharge benchmark list for FY2008, the new surcharges per person per sector flown on tickets purchased in Japan, range from 3,500 yen on a Japan - Korea ticket (up from 2,500 yen) to 32,000 yen on a Japan- Brazil ticket (up from 24,000). The surcharge on a Japan-Europe ticket or a Japan- North America ticket will be 28,000 yen, up from 20,000 yen.

JAL originally introduced the fuel surcharge on international tickets in February 2005 in response to unprecedented rises in the cost of fuel. The surcharge will be progressively reduced as the price of fuel decreases, and will be cancelled completely when, and if, the price of Singapore kerosene stays below the benchmark of US$50 per barrel. The price of fuel reached a record high level of US$159.10 per barrel on May 12, 2008, up a staggering US$80 compared to a year ago.

The fuel surcharge charged for tickets issued from October to December 2008 will be reviewed based on the average price of fuel for May through to July, 2008.

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