Lufthansa Cargo, a wholly-owned subsidiary of Deutsche Lufthansa has confirmed it is cutting its fuel surcharge to US$0.77 a kilogram, from $0.84 a kilo.
People familiar with the matter earlier told Dow Jones Newswires that the company would reduce its fuel surcharge to $0.77 as of March 9.
Lufthansa Cargo reduced its fuel surcharge to $0.84 January 26.