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Hong Kong bus operators seek fare hikes of up to 17.7% amid fuel price surge

Hong Kong bus operators seek fare hikes of up to 17.7% amid fuel price surge
Key Points

Four Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Long Win Bus and New Lantao Bus have applied for rises of 8.1 per cent and 9.8 per cent respectively, according to a paper the Transport and Logistics Bureau submitted to the Legislative Council on...

Four Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Long Win Bus and New Lantao Bus have applied for rises of 8.1 per cent and 9.8 per cent respectively, according to a paper the Transport and Logistics Bureau submitted to the Legislative Council on... [Image text:] CROSS-HARBOUR TUN TE
Hong Kong (LOCATION) the Middle East (LOCATION) Citybus (ORG) the KMB Company (ORG) Long Win Bus (ORG) the Transport and Logistics Bureau (ORG) the Legislative Council (ORG)
Originally published by South China Morning Post Read original →