| ANA to Raise Fuel Surcharge on International Cargo | |
TOKYO July 10, 2009 - ANA today applied to Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to raise its surcharge on international cargo shipments from August 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 June – as reported by the US Department of Energy – and come into effect on August 1. As jet fuel rose to an average of US$76.54 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 August 1, 2009* Conditions for Revision (and Removal) of the Surcharge If the monthly average cost of Singapore kerosene falls below US$30 per barrel, the fuel surcharge will be removed altogether. |
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| Contact Rob Henderson, ANA Public Relations: r.henderson@ana.co.jp | |