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JAL, ANA to slash fuel surcharges

Date Posted: 2008-12-05

With oil prices falling to the $50 range, Japan’s two largest airlines say they’ll begin scaling back fuel surcharges imposed as prices soared earlier this year.
Japan Air Lines and All Nippon Airways have announced identical cutbacks in surcharges effective January 1st.

A 33% surcharge reduction, about $226, will take effect on one-way flights to Europe, North America and the Middle East, and a hefty 57% cut of $123 on one-way flights to China. Details of the airlines’ plans are posted on each airline’s website.

JAL, which first introduced the fuel surcharges three years ago, is promising its customers to totally abolish the surcharges if fuel prices fall below the $60 mark per barrel. This week’s jet fuel prices are posted at $72 per barrel, down 8.5% from a week earlier, down 19.1% from a month ago, and down 38.7% from a year ago.

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