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News & Topics in 2008

                                                                                                                                           August 12, 2008


NCA’s revised fuel surcharges for flights departing from Japan approved

Nippon Cargo Airlines (Headquartered in Minato-ku, Tokyo: President Tadamasa Ishida) filed an application on July 31 with the Ministry of Land, Infrastructure and Transport to revise its fuel surcharges for flights out of Japan. NCA’s application to raise its fuel surcharges was approved by the Ministry on August 7 to take effect as of September 1, 2008.

In response to recent increases in fuel prices, NCA has been forced to raise its fuel surcharges. We will, however, endeavor to reduce costs through further efforts at the management level. As a result of making the maximum efforts, NCA hopes to improve and enhance its cargo transport services and ensure continued safe flight operations

1. Price application:
    TC1 (mainly North America and Latin America): JPY156/Kg
                                                                            (increase of JPY21 from August 1)
    TC2 (Europe, Africa and Middle East): JPY156/Kg
                                                                            (increase of JPY21 from August 1)
    TC3 long distance (TC3 excluding the following): JPY133/Kg
                                                                            (increase of JPY18 from August 1)
    TC3 short distance(Hong Kong, China and Korea): JPY111/Kg
                                                                            (increase of JPY15 from August 1)

2. Effective date: Beginning with the AWB issued on 1 September, 2008

3. Fuel surcharge table : Please see attached