ANA to Lower International Fuel Surcharge from May 1.Tokyo, Japan, Mar 20, 2007 - (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) Newswire) - ANA today filed an application with Japan's Ministry of Land, Infrastructure and Transport (MLIT MLIT Ministry of Land, Infrastructure and Transport (Japan) MLIT Money Laundering Investigation Team ) to lower its fuel surcharge on international tickets issued on or after May 1 this year, in line movements in the market price of fuel. The international fuel surcharge was introduced in February, 2005, along with provisions for its reduction or removal in light of the following market conditions: If on the 10th day of the month (or the next working day where the 10th falls on a holiday), the 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 [1] has remained below US$70 per barrel for the preceding 30 consecutive days[2], ANA will apply to the MLIT to lower the surcharge to the levels shown in chart attached. Similarly, if the market price continues to fall, it will be further reduced in accordance with the chart. The fuel surcharge will be discontinued completely if the market price drops below US$40 per barrel for 30 consecutive days. Changes come into effect from the first day of the following month. Conditions: [1] The surcharge applies to all fares, including discount fares, child fares and award tickets. The surcharge is not subject to any discount whatsoever. [2] In the case of refunded tickets, the surcharge will be refunded in full and will not be subject to any charges. [3] The actual amount of the surcharge may vary as the above is subject to government approval. For full detailas and charts, please visit http://www.ana.co.jp/eng/aboutana/corporate/index.html . About All Nippon Awys Ltd. All Nippon Airways (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 9202), or ANA, is the seventh largest airline in the world by passenger load (IATA IATA International Air Transport Association, which sets the rules for air transport, including those concerning air transport of animals. ranking) and Japan's largest domestic carrier. It is listed on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. with a market capitalisation Noun 1. market capitalisation - an estimation of the value of a business that is obtained by multiplying the number of shares outstanding by the current price of a share market capitalization of US$8.1bn (JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 932bn) as of 29 Sep 2006. Carrying almost 50 million passengers every year to 50 destinations in Japan and 23 cities throughout Asia, Europe and the United States, ANA is recognized for outstanding passenger service both on the ground and in the air. In the greatest Japanese tradition of mixing hospitality with high technology, personalised a la carte service complements state-of-the-art entertainment systems and the latest in cabin design. ANA has been in the airline business for over 50 years, and combined with ANA Group companies, its activities extend across a host of complete travel and aviation-related services. For more information, please visit www.ana.co.jp. Source: All Nippon Awys Ltd. Contact: ANA Rob Henderson Public Relations Tel: +81-3-5756-5683 Email: r.henderson@ana.co.jp Website: http://www.ana.co.jp/eng/index.html Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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