95-8549. Order Adjusting the Standard Foreign Fare Level Index

[Federal Register Volume 60, Number 67 (Friday, April 7, 1995)]
[Notices]
[Page 17845]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-8549]



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DEPARTMENT OF TRANSPORTATION

[Docket 37554]


Order Adjusting the Standard Foreign Fare Level Index

    Section 41509(e) of Title 49 of the United States Code requires 
that the Department, as successor to the Civil Aeronautics Board, 
establish a Standard Foreign Fare Level (SFFL) by adjusting the SFFL 
base periodically by percentage changes in actual operating costs per 
available seat-mile (ASM). Order 80-2-69 established the first interim 
SFFL, and Order 95-2-9 established the currently effective two-month 
SFFL applicable through March 31, 1995.
    We will, however, no longer publish a SFFL for U.S.-Canada markets. 
Under the terms of the new Air Transport Agreement between the United 
States and Canada, effective February 24, 1995, transborder fares are 
no longer subject to unilateral disapproval by either government, and 
routine tariff-filing requirements are eliminated. Thus, there is no 
longer a need to compute a SFFL for the Canadian Entity.
    In establishing the SFFL for the two-month period beginning April 
1, 1995, we have projected non-fuel costs based on the year ended 
December 31, 1994 data, and have determined fuel prices on the basis of 
the latest available experienced monthly fuel cost levels as reported 
to the Department.
    By Order 95-4-2 fares may be increased by the following adjustment 
factors over the October 1979 level:

Atlantic
1.4249
Latin America
1.4360
Pacific
1.6602

    For further information contact: Keith A. Shangraw [phone].

    By the Department of Transportation.

    Dated: April 3, 1995.

Patrick V. Murphy,
Acting Assistant Secretary for Aviation and International Affairs.
[FR Doc. 95-8549 Filed 4-6-95; 8:45 am]
BILLING CODE 4910-62-P