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Japan : JAL Announces International Fare Fuel Surcharge For Tickets Issued?Between April And May 2015.

Japan Airlines (JAL) has requested for approval from the Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) to apply the level of fuel surcharges on all international passenger tickets issued between April 1 and May 31, 2015 as detailed below.

The fuel surcharge benchmark list (sales in Japan) for the fiscal year of 2015 between April 1, 2015 and March 31, 2016 (see below) has been adjusted from fiscal year 2014 to further strengthen the resistance against a fluctuating exchange rate for the Japanese yen. Thus the currency for average price of fuel to each level of all zones will be changed from US dollar to Japanese yen for sales in Japan, and there is no adjustment to the benchmark list in FY2015 for sales outside Japan from FY2014. In terms of fuel surcharge to tickets purchased outside Japan.

JAL sets fuel surcharge levels bimonthly based on the 2-month average price of Singapore kerosene-type jet fuel. The price of Singapore kerosene-type jet fuel during the two month period of December 2014 and January 2015 averaged US$71.02 per barrel, which accounted for 8,441.00 yen in the average exchange rate of 118.85 JPY/USD during the same period.

As a result, with reference to the benchmark list for fiscal year 2015 priced in Japanese yen, this corresponds to Zone C of fuel surcharges which from April 2015, will range from 500 yen on a Japan - Korea ticket to 10,500 yen on a Japan - USA ticket per person per sector flown, on tickets purchased in Japan. This level of surcharge will be applied to all international passenger tickets issued between April 1 and May 31, 2015.

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Publication:Mena Report
Geographic Code:9JAPA
Date:Feb 7, 2015
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