JAL and ANA to cut fuel surcharges on Europe and US routes to around 50,000 yen for tickets issued in September and October

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Summary · why it matters

It was learned on the 12th that Japan Airlines and All Nippon Airways are expected to lower their international fuel surcharges for tickets issued in September and October. For flights from Japan to North America and Europe, the surcharge will drop to between 50,000 and 55,000 yen, down from the record high of 65,000 yen for the July–August period. The decline is driven by a fall in jet fuel prices, which had spiked due to turmoil in the Middle East, and surcharges on routes other than North America and Europe will also be reduced. The surcharge is calculated based on the average jet fuel market price and exchange rate over the most recent two months.

Impact on assets 3

Industrials▼ · 1 stocks
Aerospace & Aviation▼ · 1 stocks
ANA Holdings Inc.
9202
▼ NegativeSupplyrelevance

Jet fuel price fall reduces fuel surcharges, lowering revenue from surcharges.

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