JAL to reduce fuel surcharge

The JAL Group requested approval from the Japanese Ministry of Land, Infrastructure and Transport (MLIT), to reduce the fuel surcharge placed on nearly all international passenger tickets issued on or after May 1, 2007. After an assessment of the outlook JAL has decided to lower the fuel surcharge from May 1 as follows.

Based on ticket sales in Japan, the new surcharges range from 1,400 yen on a Japan - Korea ticket (down from 1,700 yen) to 14,500 yen on a Japan- Brazil ticket (down from 15,500). The surcharge on a Japan-Europe ticket or a Japan- North America ticket will be 11,000 yen, down from 12,000 yen. (See chart below).
This is the third fuel surcharge reduction this year. The first was when JAL reduced the fuel surcharge placed on all international passenger tickets issued on or after January 1st, 2007. The second surcharge reduction was filed on February 13, to become effective from April 1. This third reduction has been made possible by the fact that the price of Singapore kerosene stayed below the benchmark of US$75.00 per barrel for 30 consecutive working days.
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