JAL and ANA to double fuel surcharges in May

Japan's two largest airlines accelerate planned fuel surcharge hikes, citing sustained high oil prices and a weak yen. | Contesto: cronaca

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• JAL and ANA to double fuel surcharges in May

Contesto

Japan Airlines (JAL) and All Nippon Airways (ANA) will double their international fuel surcharges for passengers starting in May, a significant acceleration of previously announced plans. The carriers had initially scheduled the increase for June but have moved the implementation forward by a full month, a decision that will immediately impact the cost of tickets for flights departing from Japan after April 30th. The adjustment will see fuel surcharges on international routes rise sharply. For a one-way ticket, the surcharge will increase from the current range of 5,000 to 23,000 yen to a new range of 10,000 to 45,000 yen. The precise amount varies by flight distance and region. This move marks a return to the higher surcharge levels last seen in the latter half of 2023, effectively erasing a reduction implemented earlier this year. In official statements, both airlines cited the same primary drivers for the expedited hike: persistently high prices for crude oil and aviation fuel on international markets, coupled with the continued depreciation of the Japanese yen against the US dollar. Jet fuel is traded globally in dollars, making it more expensive for Japanese carriers to procure when the yen is weak. The airlines calculate these surcharges every two months based on a formula tied to the market price of Singapore-traded kerosene, a global benchmark. The decision underscores the ongoing financial pressure on airlines from volatile energy markets, even as passenger demand for international travel remains robust. Fuel surcharges are a direct pass-through cost to consumers, separate from the base airfare, and are intended to help carriers manage unpredictable swings in their single largest operational expense. The accelerated timeline suggests the companies view the current cost environment as particularly urgent, opting not to wait an additional month to offset their rising bills. Industry analysts note that while such surcharges are common worldwide, the size and timing of this increase are notable. It presents a new headwind for Japan's outbound tourism recovery and adds to the cost-of-living pressures for residents traveling abroad. The move also raises...

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Categoria: cronaca