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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 (15 Day 02:09 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
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (00:43 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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