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NWA Cargo Unit To Cut Fuel Surcharges

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Sep 9, 2008 6:33 am US/Central

NWA Cargo Unit To Cut Fuel Surcharges

EAGAN, Minn. (AP) ― Northwest Airlines Corp. said Monday its cargo unit will cut fuel surcharges in certain markets because of a recent decline in the price of jet fuel.

Surcharges on domestic shipments will be reduced to 46 cents per pound from 50 cents.

Fuel fees for shipments from the U.S. to Europe, Africa and the Middle East will be cut to $1.10 per kilogram (2.2 pounds) from $1.20. The new price will also include shipments from the U.S. to Korea and Japan, as well as from Korea and Japan to the U.S.

Surcharges on Westbound trans-Pacific shipments from the U.S. to Shanghai and Guangzhou, China, as well as some longer shipments, will decrease to 40 cents per kilogram from 50 cents.

Surcharges on the longest routes in Northwest's cargo network, including all other shipments between the U.S. and Asia, will fall to $1.20 per kilogram from $1.30.

The reductions are pending government approval in some areas.

Northwest shares fell 33 cents, or 3 percent, to $10.51.


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