The Civil Aviation Department (CAD) today (February 25) announced the passenger fuel surcharges for the period from March 1 to 31.
The new maximum levels of fuel surcharges for March will be $211 for short-haul flights and $875 for long-haul flights, which represent a decrease of 6 per cent from respective current maximum levels. The applicable surcharge levels are based on the ticket issue date. The approved fuel surcharge levels of individual airlines have been published on the CAD's website (www.cad.gov.hk/english/fuel_surcharge.htm).
Passenger fuel surcharges seek to allow airlines to partially recover the increase in operational costs due to fluctuations in aviation fuel prices. As the aeronautical authority in Hong Kong, the CAD considers and approves fuel surcharge applications from the airlines in accordance with bilateral Air Services Agreements.
Passenger fuel surcharges are reviewed by the CAD on a monthly basis. In last month's review, the maximum surcharge levels for short-haul and long-haul flights announced by the CAD were $225 and $929 respectively.