American Airlines is hiking prices on cargo shipments beginning Sept. 5, the latest of several such increases the carrier blamed on higher costs for jet fuel.
The airline, a unit of AMR Corp., said Thursday it would raise the fuel surcharge on cargo from 18 cents to 20 cents per pound for shipments within the United States and from 45 cents to 50 cents per kilogram on most U.S. shipments for foreign delivery.
The charge will be adjusted in local currency for most shipments originating outside the United States unless local laws block the hike.
Fort Worth-based American said it raised the fees based on increases in jet fuel costs at five U.S. spot markets.
U.S. jet fuel prices have risen about 60 percent from a year ago, according to government statistics. American and other U.S. carriers also have cited fuel costs in raising fares for passengers.
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