Vol.31#4
 
What's New
 


Air cargo fuel surcharge rises one level

The Fuel Price Index levels ending 12 August and 19 August 2005 reached 346 and 361 respectively. According to the fuel surcharge mechanism, when the index level exceeds the 340 trigger point for two consecutive weeks, the fuel surcharge will increase, as follows:

 
Previous Level
New Level
Area 1    
North & South America

HK$3.60/kg

HK$ 4.00/kg
     
Area 2  
Europe, Middle East & Africa
HK$3.60/kg
HK$4.00/kg
   
Area 3  
South & Southwest Pacific

HK$3.60/kg

HK$ 4.00/kg
   
Area 3  
Asia (other than South & Southwest Pacific)
HK$1.80/kg
HK$ 2.00/kg

With the two weeks' notice to cargo forwarders, the BAR-CSC airline members the new surcharge level will take effect on September 6, 2005.

 
 
 
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