ANA to Lower Fuel Surcharge on International Cargo

TOKYO August 10, 2009 - ANA today applied to Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to revise its surcharge on international cargo shipments from September 1, 2009.

The cargo fuel surcharge is 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, if any. The next surcharge will thus be set according to the average price of jet fuel for the month of July - as reported by the US Department of Energy - and come into effect on September 1. As jet fuel averaged of US$72.51 per barrel in that month, the surcharge will be fixed in accordance with the chart below.

ANA regrets that it must continue to ask its valued customers to share the burden of fuel costs, in spite of its own ongoing efforts to control costs and increase revenues.

Revised fuel surcharge for international cargo (yen/ kilo) from September 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 October 1, based on the average price of Singapore kerosene for the month of September, and will be announced in September.

If the monthly average cost of Singapore kerosene falls below US$30 per barrel, the fuel surcharge will be removed altogether.

Rob Henderson, ANA Public Relations:
Fuel Surcharge according to average jet fuel price
ANA to Lower Fuel Surcharge on International Cargo