Fuel and Security Surcharges

Fuel - Invoice Component

The current volatility of world fuel prices has resulted in increased costs for the air express industry worldwide. This has necessitated the need to introduce an indexed fuel component as part of our invoice for all shipments. The component will rise, fall or be removed in line with movements in fuel prices and will be applied to all Jet Worldwide shipments.

The index is linked to the monthly average of the daily mid-spot price for a gallon of kerosene type jet fuel (Rotterdam ARA). Monthly fuel prices are published by the US Department of Energy and can be found at: http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/weekly_petroleum_status_report/current/txt/table15.txt

Jet Worldwide reserves the right to change the fuel invoice component with or without notice and to manage the amount and duration.

Month - Fuel Component

February 2012 - International 21.5%
February 2012 - Domestic 12.0%

January 2012 - International 22.5%
January 2012 - Domestic 12.0%

December 2011 - International 22.5%
December 2011 - Domestic 12.0%

Airline Security - Invoice Component

Due to the threat of terrorist acts to all airlines worldwide, our carrier airlines have introduced a Security charge of 2% to our invoices. Hence, a Security charge of 2% is added to all of our customer invoices.