NWA (NWA) Cargo to Hike Fuel Surcharges Due to Rising Fuel Prices
Northwest Airlines (NYSE: NWA) today announced that its Cargo segment will raise its fuel surcharges in certain markets effective July 15, 2008, subject to government approval where required, due to the continuing rise in the price of jet fuel.
Surcharges for shipments from the U.S. to Korea and Japan, as well as Korea to the U.S., will increase from $1.20 to $1.25 per kilogram. Trans-Atlantic shipments, except shipments continuing to Asia, will also increase from $1.20 to $1.25 per kilogram.
Westbound trans-Pacific surcharges from the U.S. to Shanghai and Guangzhou will increase from $0.50 to $0.55 per kilogram.
Surcharges on the longest routes in the NWA cargo network, including all other shipments between the U.S. and Asia, will increase from $1.30 to $1.35 per kilogram.
Northwest Airlines Corporation, through its principal subsidiary, Northwest Airlines, Inc., operates passenger and cargo airlines worldwide.
Related Categories
Corporate NewsStocks Mentioned
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
