ANA To Raise International Fuel Surcharge from March.Tokyo, Japan, Jan 21, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) ) - ANA today filed an application with Japan's Ministry of Land, Infrastructure and Transport to raise its fuel surcharge An overcharge or additional cost. A surcharge is an added liability imposed on something that is already due, such as a tax on tax. It also refers to the penalty a court can impose on a fiduciary for breaching a duty. on international tickets issued on or after March 1 this year. "Through our own efforts we have made significant reductions in the areas of personnel and operational costs, and also done our very best to increase revenues," said ANA President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mineo Yamamoto in a statement. "However, these are no longer enough to offset the continued unprecedented price of fuel which has continued longer than expected. We thus feel that we have little choice but to reluctantly ask customers flying ANA international services to continue to share this burden," he continued. The international fuel surcharge has been in place since February 1, 2005. It will be reduced if the market price of Singapore kerosene kerosene or kerosine, colorless, thin mineral oil whose density is between 0.75 and 0.85 grams per cubic centimeter. A mixture of hydrocarbons, it is commonly obtained in the fractional distillation of petroleum as the portion boiling off falls below US$65 per barrel for 30 consecutive days, and thereafter as the market price continues to fall, measured in units of US$5. Likewise it will be discontinued dis·con·tin·ue v. dis·con·tin·ued, dis·con·tin·u·ing, dis·con·tin·ues v.tr. 1. To stop doing or providing (something); end or abandon: completely if the market price drops below US$40 per barrel for 30 consecutive days. Copyright [c] 2006 Japan Corporate News Network. All rights reserved. |
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