aircanadacargo.com - Fuel Index

 




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Fuel Index

Air Canada Cargo’s fuel index is based on a weighted average price of jet fuel normally purchased from six (6) world fuel spot markets. The weekly weighted average price is compared to a fixed base price of $0.5624 USD per US gallon which is index level 100 and from this the fuel index is published.

The following is the latest information based on Air Canada jet fuel purchased in different geographical regions:

Date US Cents Per Gallon Average Index
May 9, 2008 354.82 631
May 2, 2008 340.22 605
April 25, 2008 350.07 622
April 18, 2008 352.72 627
April 11, 2008 342.72 609
April 4, 2008 321.69 572
March 28, 2008 318.59 566
March 21, 2008 325.78 578
March 14, 2008 320.79 570
March 7, 2008 299.02 532
 
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April 18, 2008

Dear Valued Customer,

Based on the recent increase in the price of fuel, Air Canada Cargo will increase its existing fuel surcharge, effective May 05, 2008, by one (1) level to Level twenty (20) as noted in the fuel index area of our website.

The following fuel surcharge levels will be implemented in the key countries with the above effective date:

Canada (Domestic)  $0.95 / kg CAD
Canada (to USA & International)  $1.00 / kg CAD
USA (to Canada & International)  $1.00/kg USD
Europe  $1.00/kg EUR
U.K. and Ireland  $0.66/kg GBP

This increase will continue to be applied as “other charges due carrier” and will remain in effect until such time as the current fuel index level changes.

We appreciate your continued support of Air Canada Cargo and we will continue to keep you informed of any further developments concerning our fuel surcharge.