IAG Cargo is joining other carriers such as Emirates SkyCargo, Qatar Airways and SAS Cargo in rolling up fuel surcharges into an all-in rate. IAG will drop its fuel surcharges (FSC), effective with the start of the Summer season. This will apply to all markets except Hong Kong, South Korea and Japan, where local regulations on surcharges apply. These countries are Hong Kong, South Korea and Japan. A spokesman for the cargo arm of British Airways and Iberia said that it will also remove the … [Read more...] about IAG Cargo joins all-in pricing bandwagon
fuel surcharge
US$94 million in fines for Japanese cartel
Japan's Fair Trade Commission (FTC) has ordered Nippon Express and 11 other transport companies to pay over US$94 million in fines for what the competition watchdog sees as their collective attempt to fix international air cargo charges, Kyodo News reported. The FTC also issued an order to the companies to discontinue the practice and urged the Japan Aircargo Forwarders Association to prevent a recurrence of a similar act. The FTC believes the association served as a venue for consultations to … [Read more...] about US$94 million in fines for Japanese cartel
BAWC reduces fuel surcharge
BAWC reduces fuel surcharge British Airways World Cargo has announced a reduction to its fuel surcharge. The surcharge will be £0.37 / US$0.55 / €0.55, with effect from 23 February 2009. Gareth Sinclair, head of revenue management, British Airways World Cargo, said: ¡°As a result of further decreases in fuel prices we are reducing the fuel surcharge, in line with our index.¡± … [Read more...] about BAWC reduces fuel surcharge
Europe & CIS : Statement on fuel surcharge
British Airways World Cargo has announced a reduction to its fuel surcharge. The surcharge will be GBP0.60 / USD0.90 / EUR0.90, with effect from 3 November 2008. The fuel surcharge reduction follows a second consecutive week that the fuel index has been below the level 18 threshold. The index was developed by BA World Cargo to provide customers with more information about the calculation of fuel surcharges and is updated on a weekly basis and posted on the BA World Cargo website. … [Read more...] about Europe & CIS : Statement on fuel surcharge
Europe & CIS : Statement on fuel surcharge
British Airways World Cargo has announced a reduction to its fuel surcharge. The surcharge will be GBP0.60 / USD0.90 / EUR0.90, with effect from 3 November 2008. The fuel surcharge reduction follows a second consecutive week that the fuel index has been below the level 18 threshold. The index was developed by BA World Cargo to provide customers with more information about the calculation of fuel surcharges and is updated on a weekly basis and posted on the BA World Cargo website. … [Read more...] about Europe & CIS : Statement on fuel surcharge
