July 28, 2008
Cathay Pacific Receives Approval to Increase Fuel Surcharges
Cathay Pacific Airways has been granted an approval by the Civil Aviation Department of Hong Kong, for an increase in fuel surcharges, for a two-month period effective August 1, 2008, to $29.60 for short-haul services in south and northeast Asia and $118.50 for long-haul services.
The current surcharges are $21.90 for short-haul services and $91 for long-haul services. Even with the latest increase, the airline estimates that surcharges cover less than half of the increased cost of fuel.