TOKYO August 18, 2011 - ANA today applied to the Ministry of Land, Infrastructure, Transport and Tourism to raise its fuel surcharge on international flights from October 1, 2011.
The fuel surcharge is fixed for a period of two months, after which it is revised on the basis of the average market price of Singapore kerosene for the two months previous to the date of application for revision. As jet fuel increased to an average of US$128.02 per barrel from June to July 2011, the surcharge will be fixed in accordance with the chart below.
Surcharge Levels (per person per single sector)
*1: Under application to the Chinese government for 8,500 yen (as of August 18)
Conditions for Revision (and removal) of the Surcharge
| (1) |
The fuel surcharge will not be revised for the two months from October 1 to November 30, 2011 regardless of market movements. The levels stated are subject to government approval. |
| (2) |
The level of the fuel surcharge from December 1, 2011 will be fixed based on the average market price of Singapore kerosene for the months of August and September. |
| (3) |
If the two months average cost of Singapore kerosene falls below US$60 per barrel, the fuel surcharge will be removed altogether. |
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