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Saturday, November 21, 2009
News Making Money

JAL Maintains International Fare Fuel Surcharge from January 2010

06/11/2009 12:28 (14 Day 18:25 minutes ago)

The FINANCIAL -- The JAL Group has requested for approval from the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to maintain the current level of fuel surcharge on all international passenger tickets issued between January 1 and March 31, 2010.

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The price of Singapore kerosene-type jet fuel during the 3 month period from August to October 2009 averaged US$78.04 per barrel. With reference to the fuel surcharge benchmark list for FY2009 (see below), this corresponds to Zone B where fuel surcharges range from 300 yen on a Japan - Korea ticket to 10,000 yen on a Japan- Brazil ticket per person per sector flown, on tickets purchased in Japan.


The fuel surcharge to be placed on tickets issued from April to July 2010 will be reviewed based on the average price of fuel for November 2009 through to January 2010.


The company is continuously conducting a wide range of countermeasures to limit the full impact of the price increase including fuel hedging, fuel consumption reductions, and the introduction of more fuel-efficient small and medium-sized aircraft to its fleet. 


Despite these measures, the company is reluctantly obliged to ask its international passengers to bear part of the burden caused by the increase in the price of fuel.

 

 

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (18:18 minutes ago)

The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.

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