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Cathay Pacific, HK Express to double fuel surcharges on Wednesday as costs surge
‘The price of jet fuel has approximately doubled since March amid the latest developments in the Middle East,’ Cathay says
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Cathay Pacific Airways and its budget arm HK Express will double their fuel surcharges next week, following a similar move by another Hong Kong carrier amid rising oil prices driven by conflict in the Middle East.
The city’s flag carrier said on Thursday the increase would apply to tickets issued on March 18 or later.
“The price of jet fuel has approximately doubled since March amid the latest developments in the Middle East,” Cathay said, citing the surge as the reason for the higher charge.
Fuel surcharges for long-haul Cathay flights, such as those between Hong Kong and destinations in North America, Europe and the Middle East, as well as between Japan and the US, will rise to HK$1,164 (US$149) from HK$569, a 104.6 per cent increase.
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