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Home > News & Topics > News & Topics in 2008 >  Application to revise fuel surcharges for flights departing from Japan

News & Topics in 2008

                                                                                                                                           October 28, 2008

    Application to revise fuel surcharges for flights departing from Japan

Nippon Cargo Airlines (Headquartered in Minato-ku, Tokyo: President Tadamasa Ishida) filed an application on October 28 with the Ministry of Land, Infrastructure and Transport to revise its fuel surcharges for flights departing from Japan. The fuel surcharges will be decreased to JPY114/Kg for TC1/TC2, JPY97/Kg for TC3 long distance and JPY81/Kg for TC3 short distance. The new prices will take effect on November 1, 2008.

The Singapore kerosene fuel price(MOPS), which is the benchmark price for NCA, fell below USD115 per barrel for 14 consecutive business days since September 30. For this reason, NCA has decided to revise its fuel surcharge as per the attached application table.


1. Price application:
       TC1 (mainly North America and Latin America): JPY114/Kg
                                                                                  (Decrease of JPY14 from October 16)
      TC2 (Europe, Africa and Middle East): JPY114/Kg
                                                                                  (Decrease of JPY14 from October 16)
      TC3 long distance (TC3 excluding the following): JPY97/Kg
                                                                                  (Decrease of JPY12 from October 16)
      TC3 short distance(Hong Kong, China and Korea): JPY81/Kg
                                                                                  (Decrease of JPY10 from October 16)

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

3. Fuel surcharge table and conditions for price reduction or abolishment : 
    Please see attached

 

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