Qatar to apply all-in freight rates from April
24 / 02 / 2015
Qatar Airways Cargo is changing its pricing structure to a “one-rate basis”, saying that the current surcharge conventions "expose the supply chain to significant price volatility”.
The Doha-based carrier will “abolish” both its fuel (MYC) and security (MOC) surcharges. All other ancillary charges will remain in place.
The move follows a decision by fellow Middle East carrier, Dubai-based Emirates SkyCargo, to introduce an all-in rates tariff that does away with separate fuel and security surcharges, a radical change welcomed by most in the shipper and freight forwarder community.
In a January 12 letter to customers, Qatar Airways Cargo states: “After careful consideration and following the requests from its customers, the freight forwarders, Qatar Airways Cargo has concluded that, for us, a revision of this principle is necessary.”
It continues: “Therefore, taking a phased approach from April 2015, Qatar Airways Cargo has decided to transition its cargo pricing structure to a one-rate basis. A new commercial rate will replace the existing structure.
Qatar Airways Cargo said that it will be maintaining its pricing levels on its “independent assessment of the prevailing supply and demand conditions, as well as taking into account its cost base.”
With influential cargo carriers Emirates and Qatar Airways now espousing all-in freight rates, the air cargo industry is waiting to see whether other airlines will follow suit.
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