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title : Surcharge increase |
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The Lufthansa Cargo Fuel Index, which is used by much of the air freight industry as a benchmark for adjusting fuel surcharge levels, reached an index number of 268 for the week of February 25, 2005, followed by an index number of 287 for the week of March 4, 2005. As a result, Lufthansa has announced an increase in the airline's fuel surcharge to .35 USD/kg. or EUR /kg., effective March 21, 2005.
Lufthansa's fuel index methodology states that if the index number remains over 265 for two consecutive weeks, the airline will increase its fuel surcharge by .05 USD/kg, from the current level of .30 USD/kg. or EUR /kg to a new level of .35 USD/kg. or EUR /kg.
from GLN..
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