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JAL International Passenger Fare Fuel Surcharges Cut Further.


Tokyo, Japan, Feb 13, 2007 - (JCN JCN Japan Corporate News
JCN Journal of Cognitive Neuroscience
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JCN joint communications network (US DoD) 
 Newswire) - Today the JAL JAL Jalisco (Mexican state)
JAL Jalapa (Guatemala territorial division)
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JAL Japan Airlines Company, Ltd.
 Group requested approval from the Japanese Ministry of Land, Infrastructure and Transport (MLIT MLIT Ministry of Land, Infrastructure and Transport (Japan)
MLIT Money Laundering Investigation Team
), to reduce the fuel surcharge placed on nearly all international passenger tickets issued on or after April 1, 2007.

After an assessment of the outlook for the fuel market, and as a result of increases in IATA IATA

International Air Transport Association, which sets the rules for air transport, including those concerning air transport of animals.
 international fares effective April 1 2007, JAL has decided to lower the fuel surcharge from April 1 as follows. Based on ticket sales in Japan, the new surcharges range from 1,700 yen on a Japan - Korea ticket (down from 1,800 yen) to 15,500 yen on a Japan- Brazil ticket (down from 16,500). The surcharge on a Japan-Europe ticket or a Japan- North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  ticket will be 12,000 yen, down from 13,000 yen.

This is the second fuel surcharge reduction this year. JAL reduced the fuel surcharge placed on all international passenger tickets issued on or after January 1st, 2007. This was made possible by the fact that 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  stayed below the benchmark of US$80.00 per barrel for 30 consecutive working days.

However, from April 1 2007 the fuel surcharge on a Japan - Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov.  ticket will increase to 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.
5,200 up from JPY1,800 to more accurately reflect the distance flown and fuel usage on this route.

JAL originally introduced the fuel surcharge on international tickets in February 2005 in response to unprecedented rises in the cost of fuel.

The surcharge will be reduced again once the price of Singapore kerosene stays below the benchmark of US$75.00 per barrel for 30 consecutive working days. The surcharge will be progressively reduced as the price of fuel decreases, and will be cancelled completely when the price of Singapore kerosene stays below the benchmark of US$45.00 per barrel for 30 consecutive working days.

For details on the new fuel surcharge rates, please visit the JAL website at http://www.jal.com/en/press/0000883/883.html .

About Japan Airlines Corporation

The JAL Group (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: 9205) is Japan's leading air transportation group, resulting from the integration of Japan Airlines and Japan Air System on October 2, 2002. On April 1, 2004 the Group was reorganized under a single "JAL/ Japan Airlines" brand, with Japan Airlines Domestic handling domestic passenger operations and Japan Airlines International responsible for international passenger and cargo operations. JAL International and JAL Domestic were integrated into one company in October 2006, now known as JAL International. Coordinating the group is Japan Airlines Corporation, a holding company. For more information, please visit www.jal.com.

Source: Japan Airlines Corporation

Contact:
Stephen Pearlman
Public Relations Manager
Japan Airlines Corporation
Tel: +81-3-5460-3109
Fax: +81-3-5769-6487
E-mail: stephen.pearlman@jal.com
Website: www.jal.com/en/corporate/


Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2007 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Date:Feb 13, 2007
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