Air Baltic Corporation AS Cargo fuel surcharge mechanism Air Baltic Cargop fuel surcharge is implemented, increased, reduced or withdrawn on the basis of the following mechanism. Point of reference is Daily Rotterdam Jet Fuel Price published by Platts to calculate weekly jet fuel price averages. The weekly averages are then plotted into the following table to calculate Air Baltic Cargo's fuel surcharge. In order for the fuel surcharge to increase or decrease, the weekly average fuel price must be above or below a breakpoint for two consecutive weeks. When fuel surcharges are increased or decreased, we will inform of the change with two weeks notice. | Level | Rising Breakpoint
USD / Metric Ton | Fuel surcharge EUR/USD * | Fuel surcharge LVL | Falling Breakpoint
USD / Metric Ton | | 19 | 1.02 | 0.95 | 0.67 | | | 18 | 970.00 | 0.90 | 0.63 | 980.00 | | 17 | 925.00 | 0.85 | 0.60 | 935.00 | | 16 | 880.00 | 0.80 | 0.56 | 890.00 | | 15 | 835.00 | 0.75 | 0.53 | 845.00 | | 14 | 790.00 | 0.70 | 0.49 | 800.00 | | 13 | 745.00 | 0.65 | 0.46 | 755.00 | | 12 | 700.00 | 0.60 | 0.42 | 710.00 | | 11 | 655.00 | 0.55 | 0.39 | 665.00 | | 10 | 610.00 | 0.50 | 0.35 | 620.00 | | 9 | 565.00 | 0.45 | 0.32 | 575.00 | | 8 | 520.00 | 0.40 | 0.28 | 530.00 | | 7 | 475.00 | 0.35 | 0.25 | 485.00 | | 6 | 430.00 | 0.30 | 0.21 | 440.00 | | 5 | 385.00 | 0.25 | 0.18 | 395.00 | | 4 | 340.00 | 0.20 | 0.14 | 350.00 | | 3 | 295.00 | 0.15 | 0.11 | 305.00 | | 2 | 245.00 | 0.10 | 0.07 | 260.00 | | 1 | 205.00 | 0.05 | 0.04 | 215.00 | | 0 | | 0.00 | 0.00 | 180.00 |
LVL fuel surcharge calculated according to Bank of Latvia EUR/LVL exchange rate 0.7028LVL = 1 €
*Euro in Euro-related countries and USD in USD-related countries or the equivalent in local currency against EUR.Example of above table: The weekly average fuel price for two consecutive weeks has risen above the breakpoint of USD 610, meaning that the fuel surcharge two weeks later will be increased from € 0,45 to € 0,50. In order for the fuel surcharge to decrease to € 0,45 again, the weekly average fuel price must fall below the falling breakpoint of USD 575 for two consecutive weeks.
As of 22 November Air Baltic fuel surcharge is fixed at level 14.
Security surcharges valid as of 1 November 2006 | Country | SCC/kg | Currency | | Latvia | 0.07 | LVL | | Austria | 0.15 | EUR | | Belgium | 0.10 | EUR | | Belarussia | 0.10 | USD | | Denmark | 1.00 | DKK | | Estonia | 0.10 | EUR | | Finland | 0.12 | EUR | | France | 0.15 | EUR | | Germany | 0.15 | EUR | | Hungary | 0.15 | EUR | | Ireland | 0.10 | EUR | | Lithuania | 0.10 | EUR | | Netherlands | 0.10 | EUR | | Norway | 1.00 | NOK | | Russia | 0.10 | USD | | South Korea | | USD | | Spain | 0.15 | EUR | | Sweden | 1.00 | SEK | | Taiwan | 0.10 | USD | | Ukraine | 0.10 | USD | | United Kingdom | 0.09 | GBP | | USA | 0.12 | USD | | Israel | 0.10 | USD | | Azerbaijan | 0.10 | USD | | Georgia | 0.05 | USD | | Pakistan | 0.10 | USD | | Kaliningrad | 0.10 | USD | | Italy | 0.15 | EUR |
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