Hong Kong Allows Airlines to Hike Fuel Surcharges Amid Oil Price Surge
May 26, 2008
Hong Kong authorities have allowed several airlines to raise fuel surcharges following the surge in oil prices, local newspapers reported.
Passengers on 11 airlines will have to pay 37 pct more in fuel surcharges, The Standard said.
The Hong Kong Civil Aviation Department (CAD) has also allowed two other carriers to maintain their surcharges at existing levels, it said.
Among major carriers, Cathay Pacific Airways and Singapore Airlines which currently levy fuel surcharges ranging from HK$125 to HK$518 will charge HK$171 - HK$710 from June 1.
Air China, China Eastern Airlines and Shanghai Airlines will raise their charges from HK$125 to HK$171 for short-haul journeys, while Air Canada, Air Mauritius and Turkish Airlines will raise their surcharges from HK$518 to HK$710, The Standard reported.