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Fuel Index
 

The fuel index is based on the average price of aviation fuel in five key spot markets
(Rotterdam, Singapore, New York , US Gulf and Los Angeles)

These averages are monitored against a fixed base of USD 0.535 per US Gallon equal to index 100.


Current Fuel Index Level

Date Fuel Price Index
23-07-2010 390
16-07-2010 387
09-07-2010 379
02-07-2010 382
25-06-2010 401
18-06-2010 399
11-06-2010 382
04-06-2010 385
28-05-2010 373
21-05-2010 373
14-05-2010 406
07-05-2010 418
30-04-2010 430
23-04-2010 418
16-04-2010 424
09-04-2010 427
04-04-2010 410
26-03-2010 396
19-03-2010 397
12-03-2010 397
05-03-2010 392
26-02-2010 384
19-02-2010 380
12-02-2010 361
05-02-2010 368
29-01-2010 365
22-01-2010 377
15-01-2010 395
08-01-2010 408
01-01-2010 391
25-12-2009 370
18-12-2009 364
11-12-2009 365
04-12-2009 380
27-11-2009 373
20-11-2009 380
13-11-2009 378
06-11-2009 381
30-10-2009 382
23-10-2009 387
16-10-2009 366
09-10-2009 341
02-10-2009 332
25-09-2009 332
18-09-2009 339
11-09-2009 334
04-09-2009 332
28-08-2009 355
21-08-2009 352
14-08-2009 356
07-08-2009 361
31-07-2009 340
24-07-2009 336
17-07-2009 308
10-07-2009 306
03-07-2009 338
26-06-2009 342
19-06-2009 352
12-06-2009 346
05-06-2009 335
29-05-2009 302
22-05-2009 287
15-05-2009 281
08-05-2009 274
01-05-2009 253
24-04-2009 255
17-04-2009 270
10-04-2009 270
03-04-2009 264
27-03-2009 279
20-03-2009 242
13-03-2009 223
06-03-2009 221
27-02-2009 232
20-02-2009 227
13-02-2009 246
06-02-2009 252
30-01-2009 262
23-01-2009 256
16-01-2009 277
09-01-2009 297
02-01-2009 256
26-12-2008 248
19-12-2008 265
12-12-2008 258
05-12-2008 283
28-11-2008 325
21-11-2008 328
14-11-2008 360
07-11-2008 385
31-10-2008 375
24-10-2008 397
17-10-2008 421
10-10-2008 463
03-10-2008 533
26-09-2008 581
Date Fuel Price Index
19-09-2008 572
12-09-2008 590
05-09-2008 592
29-08-2008 619
22-08-2008 609
15-08-2008 601
08-08-2008 630
01-08-2008 682
25-07-2008 708
18-07-2008 753
11-07-2008 766
04-07-2008 783
27-06-2008 757
20-06-2008 722
13-06-2008 738
06-06-2008 756
30-05-2008 715
23-05-2008 761
16-05-2008 728
09-05-2008 713
02-05-2008 637
25-04-2008 653
18-04-2008 657
11-04-2008 642
04-04-2008 598
28-03-2008 599
21-03-2008 596
14-03-2008 617
07-03-2008 577
29-02-2008 549
22-02-2008 536
15-02-2008 515
08-02-2008 497
01-02-2008 475
25-01-2008 480
18-01-2008 479
11-01-2008 482
04-01-2008 512
28-12-2007 504
21-12-2007 493
14-12-2007 500
07-12-2007 483
30-11-2007 490
23-11-2007 526
16-11-2007 505
09-11-2007 514
02-11-2007 503
26-10-2007 471
19-10-2007 453
12-10-2007 436
05-10-2007 428
28-09-2007 427
21-09-2007 431
14-09-2007 421
07-09-2007 409
31-08-2007 398
24-08-2007 390
17-08-2007 392
10-08-2007 386
03-08-2007 395
27-07-2007 403
20-07-2007 406
13-07-2007 405
06-07-2007 401
29-06-2007 391
22-06-2007 398
15-06-2007 392
08-06-2007 378
01-06-2007 384
25-05-2007 390
18-05-2007 386
11-05-2007 381
04-05-2007 378
27-04-2007 384
20-04-2007 371
13-04-2007 385
05-04-2007 373
30-03-2007 373
23-03-2007 345
16-03-2007 338
09-03-2007 341
02-03-2007 347
23-02-2007 338
16-02-2007 323
09-02-2007 336
02-02-2007 332
26-01-2007 321
19-01-2007 313
12-01-2007 309
05-01-2007 317
29-12-2006 335
22-12-2006 341
15-12-2006 357
08-12-2006 366
01-12-2006 369


Fuel Surcharge Methodology
Implementation/Increase

Fuel Index
Fuel Surcharge Application
   Exceeds 115 for a period of 2 consecutive weeks
 USD 0.05/kg (EUR 0.05/kg)
   Exceeds 135 for a period of 2 consecutive weeks
 USD 0.10/kg (EUR 0.10/kg)
   Exceeds 165 for a period of 2 consecutive weeks
 USD 0.15/kg (EUR 0.15/kg)
   Exceeds 190 for a period of 2 consecutive weeks
 USD 0.20/kg (EUR 0.20/kg)
   Exceeds 215 for a period of 2 consecutive weeks
 USD 0.25/kg (EUR 0.25/kg)
   Exceeds 240 for a period of 2 consecutive weeks
 USD 0.30/kg (EUR 0.30/kg)
   Exceeds 265 for a period of 2 consecutive weeks
 USD 0.35/kg (EUR 0.35/kg)
   Exceeds 290 for a period of 2 consecutive weeks
 USD 0.40/kg (EUR 0.40/kg)
   Exceeds 315 for a period of 2 consecutive weeks
 USD 0.45/kg (EUR 0.45/kg)
   Exceeds 340 for a period of 2 consecutive weeks
 USD 0.50/kg (EUR 0.50/kg)
   Exceeds 365 for a period of 2 consecutive weeks
 USD 0.55/kg (EUR 0.55/kg)
   Exceeds 390 for a period of 2 consecutive weeks
 USD 0.60/kg (EUR 0.60/kg)
   Exceeds 415 for a period of 2 consecutive weeks
 USD 0.65/kg (EUR 0.65/kg)
   Exceeds 440 for a period of 2 consecutive weeks
 USD 0.70/kg (EUR 0.70/kg)
   Exceeds 465 for a period of 2 consecutive weeks
 USD 0.75/kg (EUR 0.70/kg)
   Exceeds 490 for a period of 2 consecutive weeks
 USD 0.80/kg (EUR 0.75/kg)
    Exceeds 515 for a period of 2 consecutive weeks
 USD 0.85/kg (EUR 0.85/kg*)
   Exceeds 540 for a period of 2 consecutive weeks
 USD 0.90/kg (EUR 0.90/kg)
   Exceeds 565 for a period of 2 consecutive weeks
 USD 0.95/kg (EUR 0.95/kg)
   Exceeds 590 for a period of 2 consecutive weeks
 USD 1.00/kg (EUR 1.00/kg)
   Exceeds 615 for a period of 2 consecutive weeks
 USD 1.05/kg (EUR 1.05/kg)
   Exceeds 640 for a period of 2 consecutive weeks
 USD 1.10/kg (EUR 1.10/kg)
   Exceeds 665 for a period of 2 consecutive weeks
 USD 1.15/kg (EUR 1.15/kg)
   Exceeds 690 for a period of 2 consecutive weeks
 USD 1.20/kg (EUR 1.20/kg)
   Exceeds 715 for a period of 2 consecutive weeks
 USD 1.25/kg (EUR 1.25/kg)
   Exceeds 740 for a period of 2 consecutive weeks
 USD 1.30/kg (EUR 1.30/kg)
   Exceeds 765 for a period of 2 consecutive weeks
 USD 1.35/kg (EUR 1.35/kg)
 

Reduction/Suspension

Fuel Index Fuel Surcharge Application
Below 770 for a period of 2 consecutive weeks
USD 1.30/kg (EUR 1.30/kg*)
Below 720 for a period of 2 consecutive weeks
USD 1.25/kg (EUR 1.25/kg*)
Below 695 for a period of 2 consecutive weeks
USD 1.20/kg (EUR 1.20/kg*)
Below 670 for a period of 2 consecutive weeks
USD 1.15/kg (EUR 1.15/kg*)
Below 645 for a period of 2 consecutive weeks
USD 1.10/kg (EUR 1.10/kg*)
Below 620 for a period of 2 consecutive weeks
USD 1.05/kg (EUR 1.05/kg*)
Below 595 for a period of 2 consecutive weeks
USD 1.00/kg (EUR 1.00/kg*)
Below 570 for a period of 2 consecutive weeks
USD 0.95/kg (EUR 0.95/kg*)
Below 545 for a period of 2 consecutive weeks
USD 0.90/kg (EUR 0.90/kg)
Below 520 for a period of 2 consecutive weeks
USD 0.85/kg (EUR 0.85/kg*)
Below 495 for a period of 2 consecutive weeks
USD 0.80/kg (EUR 0.80/kg*)
Below 470 for a period of 2 consecutive weeks
USD 0.75/kg (EUR 0.75/kg*)
Below 445 for a period of 2 consecutive weeks
USD 0.70/kg (EUR 0.70/kg*)
Below 420 for a period of 2 consecutive weeks
USD 0.65/kg (EUR 0.65/kg)
Below 395 for a period of 2 consecutive weeks
USD 0.60/kg (EUR 0.60/kg)
Below 370 for a period of 2 consecutive weeks
USD 0.55/kg (EUR 0.55/kg)
Below 345 for a period of 2 consecutive weeks
USD 0.50/kg (EUR 0.50/kg)
Below 320 for a period of 2 consecutive weeks
USD 0.45/kg (EUR 0.45/kg)
Below 295 for a period of 2 consecutive weeks
USD 0.40/kg (EUR 0.40/kg)
Below 270 for a period of 2 consecutive weeks
USD 0.35/kg (EUR 0.35/kg)
Below 245 for a period of 2 consecutive weeks
USD 0.30/kg (EUR 0.30/kg)
Below 220 for a period of 2 consecutive weeks
USD 0.25/kg (EUR 0.25/kg)
Below 195 for a period of 2 consecutive weeks
USD 0.20/kg (EUR 0.20/kg)
Below 170 for a period of 2 consecutive weeks
USD 0.15/kg (EUR 0.15/kg)
Below 145 for a period of 2 consecutive weeks
USD 0.10/kg (EUR 0.10/kg)
Below 120 for a period of 2 consecutive weeks
USD 0.05/kg (EUR 0.05/kg)
Below 100 for a period of 2 consecutive weeks
fuel surcharge will be suspended

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