Canadian North follows an indexed fuel cost system to calculate fuel surcharge. Jet fuel costs are reviewed on a monthly basis and the fuel surcharge is adjusted up or down in accordance with the current versus the benchmarked cost of jet fuel. The surcharge for current month based upon the previous calendar month average of North American jet fuel costs.
For the month of June the fuel surcharge set at 16%
The fuel surcharge will continue to be applied as "other charges due carrier". Canadian North will continue to strive to provide you a continued high level of customer service at a competitive price.
Beginning April 1st 2009 Canadian North Cargo has changed the manner in which fuel surcharge is applied. The calculation is now a percentage of weight charge rather than a fixed value per kilo. This provides an equal distribution of the fuel costs for all of our destinations. The Fuel Surcharge will be adjusted on the 1st of each month based upon our previous months average fuel costs.
See historical fuel surcharges
July, 2010
Fuel Surcharge/Index Tables
PRIOR MONTHS AVERAGE PRICE |
| Month |
Average Cost of Jet Fuel (C$CPL) |
Fuel Index |
| Feb 2009 |
42.06 |
200 |
| Mar 2009 |
43.20 |
206 |
| Apr 2009 |
44.62 |
212 |
| May 2009 |
50.63 |
242 |
| Jun 2009 |
51.14 |
244 |
| Jul 2009 |
50.17 |
239 |
| Aug 2009 |
53.68 |
256 |
| Sep 2009 |
52.34 |
249 |
| Oct 2009 |
54.46 |
259 |
| Nov 2009 |
56.31 |
268 |
| Dec 2009 |
54.91 |
261 |
| Jan 2010 |
57.84 |
275 |
| Feb 2010 |
55.32 |
263 |
| Mar 2010 |
57.36 |
273 |
| Apr 2010 |
59.36 |
283 |
| May 2010 |
58.28 |
278 |
| June 2010 |
56.61 |
270 |
| July 2010 |
56.07 |
267 |
|
Historical Fuel Surcharge Period Charge applied |
Fuel Surcharge |
| Feb 1-Feb 28/09 |
9% |
| Mar 1-Mar 31/09 |
9% |
| Apr 1-Apr 30/09 |
9% |
| May 1-May 31/09 |
9% |
| Jun 1-Jun 30/09 |
9% |
| Jul 1-Jul 30/09 |
9% |
| Aug 1-Aug 31/09 |
14% |
| Sep 1-Sep 30/09 |
14% |
| Oct 1-Oct 31/09 |
14% |
| Nov 1-Nov 30/09 |
14% |
| Dec 1-Dec 31/09 |
16% |
| Jan 1-Jan 31/10 |
%16 |
| Feb 1-Feb 28/10 |
%16 |
| Mar 1-Mar 31/10 |
%16 |
| Apr 1-Apr 30/10 |
%16 |
| May 1-May 31/10 |
%16 |
| Jun 1-Jun 30/10 |
%16 |
| Jul 1-Jul 31/10 |
%16 |
|
Benchmark 100 = 21.00 C$CPL = 0% Fuel Surcharge
C$CPL = Canadian Cents per Liter
| If Fuel Index Between |
Fuel Surcharge |
| 100 |
122 |
0% |
| 123 |
145 |
2% |
| 146 |
168 |
5% |
| 169 |
191 |
7% |
| 192 |
214 |
9% |
| 215 |
237 |
12% |
| 238 |
260 |
14% |
| 261 |
283 |
16% |
| 284 |
305 |
18% |
|