TOKYO February 20, 2009 - From April 1, 2009, ANA will set its Cargo Fuel Surcharge on a monthly basis to better reflect changes in the price of jet fuel (Singapore kerosene).
At present the fuel surcharge is fixed for a three month period and revised on the basis of the average price of jet fuel for the three months immediately preceding the month of application for the revision. Revisions are made in January, April, July and October.
Under the new procedure, the surcharge will be fixed for one month and revised on the average price of jet fuel for the month immediately proceeding the month of application for the revision. For example, the level of the surcharge for April will be based on the average price of fuel for the month of February.
The next application for revision will be made in March for the Cargo Fuel Surcharge coming into effect on April 1.