ANA to Raise Fuel Surcharge on International Cargo

TOKYO May 12, 2009 - ANA today applied to Japanís Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to raise its surcharge on international cargo shipments from June 1, 2009.

Since April this year, the surcharge has been fixed for one month and revised on the basis of the average price of jet fuel for the month immediately preceding the announcement of the next revision. The next surcharge will thus be set according to the average price of jet fuel for the month of April - as reported by the US Department of Energy - and come into effect on June 1. As jet fuel rose to an average of US$59.10 per barrel in that month, ANA regrets that it must ask its valued customers to share the increased cost burden, in spite of its ongoing efforts to curb costs and increase revenues.

 
Revised fuel surcharge for international cargo (yen/ kilo) from June 1, 2009*
*subject to approval by the relevant government authorities and to change without notice
 
Conditions for Revision (and Removal) of the Surcharge
The next revision to the cargo Fuel Surcharge, if any, will take effect on July 1, based on the average price of Singapore kerosene for the month of May, and will be announced in June.

If the monthly average cost of Singapore kerosene falls below US$30 per barrel, the fuel surcharge will be removed altogether.
 
Contact
Rob Henderson, ANA Public Relations: r.henderson@ana.co.jp
 
Fuel Surcharge according to average jet fuel price
ANA to Raise Fuel Surcharge on International Cargo