The FINANCIAL — Japan Airlines (JAL) has applied to the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to revise down its international cargo fuel surcharge for flights departing from Japan only from August 2012.
As Japan Airlines reported, since April 1, 2009, JAL started adjusting its cargo fuel surcharge levels on a monthly basis by using the one-month average fuel price of Singaporekerosene of the month before last. As the average fuel price of Singapore kerosene for the month of June in 2012 was US$110.31 per barrel, the benchmark fuel price used for calculation of the fuel surcharge level will be within the range of US$110.00 to US$114.99 per barrel.
The international cargo fuel surcharge will therefore be 108 yen per kg on long-haul international routes, 87 yen per kg on medium-haul international routes, and 68 yen on short-haul routes.
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