18-Jul-2006 11:18 AM
Airline surcharges on the rise again
Analysis
Hong Kong (XFNews-ASIA) - Hong Kong flag carrier Cathay Pacific Airways Ltd has obtained government approval to increase its fuel surcharges on passenger fares from next month, aviation authorities said.
The Civil Aviation Department (CAD) will allow Cathay Pacific to charge 481 hkd per ticket on each leg of long-haul flights, up from its current levy of 450 hkd.
The airline will also raise its levy on short-haul flights to 117 hkd per leg from 109 hkd.
The CAD reviews applications from airlines for revisions to surcharges every two months.
The price of Brent North Sea crude oil hit a record high 78.18 usd per barrel in London trade today as violence continued to rage in the Middle East amid concerns about a wider conflict.
The airline will also raise its levy on short-haul flights to 117 hkd per leg from 109 hkd.
The CAD reviews applications from airlines for revisions to surcharges every two months.
The price of Brent North Sea crude oil hit a record high 78.18 usd per barrel in London trade today as violence continued to rage in the Middle East amid concerns about a wider conflict.