Fuel cut will save SAA R36-m a year

THE COST of jet fuel at Johannesburg International Airport has been cut by 3c a litre for all airlines, which will mean a saving of R36 million a year for South African Airways alone, says Charl Moller, c.e.o. of Petronet.
The cut has been made possible, says Moller, by applying a pipeline tariff to the fuel sold at the airport instead of a tariff based on railing fuel to Johannesburg from Durban.
The lead in this respect was taken by Shell who objected last month to the parliamentary portfolio of fuel against the pricing system in practice, and suggested a revised system which has been accepted.