Vol.31#4
 
What's New
 


Air cargo fuel surcharge rises one level

The Fuel Price Index levels ending 2 September and 9 September 2005 reached 379 and 388 respectively. According to the fuel surcharge mechanism, when the index level exceeds the 365 trigger point for two consecutive weeks, the fuel surcharge will increase, as follows:

 
Previous Level
New Level
Area 1    
North & South America

HK$4.00/kg

HK$ 4.40/kg
     
Area 2  
Europe, Middle East & Africa
HK$4.00/kg
HK$4.40/kg
   
Area 3  
South & Southwest Pacific

HK$4.00/kg

HK$ 4.40/kg
   
Area 3  
Asia (other than South & Southwest Pacific)
HK$2.00/kg
HK$ 2.20/kg

The new surcharge level will take effect on September 27, 2005.

 
 
 
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