Hong Kong’s Cathay Pacific to cut fuel surcharges again as costs ease

Hong Kong’s Cathay Pacific to cut fuel surcharges again as costs ease Fuel surcharges on flights to North America, Europe, Middle East, Africa and Southwest Pacific fall by 14.5 per cent to HK$1,164 per sector Hong Kong flag carrier Cathay Pacific Airways will lower fuel surcharges on most passenger flights for the second time in less than two months, with the revised rates taking effect from July 1 as fuel costs ease from highs triggered by the Middle East war. Under revised rates announced on Tuesday, passengers departing from Hong Kong on long-haul flights to destinations in North America, Europe, the Middle East, Africa and the Southwest Pacific will pay HK$1,164 per sector, down 14.5 per cent from HK$1,362. Surcharges on flights between Hong Kong and South and Southeast Asia will fall by the same percentage, from HK$633 to HK$541, while those on other routes will drop from HK$339 to HK$290. Fuel surcharges on flights between Hong Kong and mainland China will remain unchanged at HK$165 per sector, while those on flights from the mainland to Hong Kong will stay at 135 yuan (HK$156). In a notice posted on its website, Cathay said it would continue reviewing fuel surcharges every two weeks “to enable a more agile response to the volatile jet fuel prices due to the Middle East situation”. The airline added that the increased review frequency was intended as a temporary measure and would be revisited once the situation in the region stabilised.