Manufacturing Industry
20 airlines lower fuel surcharges in Hong Kong
Airline Industry Information, Jan 27, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
A total of 20 airlines flying in and out of Hong Kong are to be permitted to extend their fuel surcharges, but at lower rates due to falling oil prices.
The airlines, including Hong Kong's Dragonair and three major Chinese carriers, will cut the fees from HKD72 to HKD42, a reduction of 42%.
The airlines' current surcharges were to expire on 31 January, and the new fees will take effect from 1 February to 31 March, according to The Associated Press.
The Civil Aviation Department said it has yet to approve applications from 14 other airlines to extend their fuel surcharges at a lower rate.
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