HONG KONG, July 21 (Xinhua) -- Hong Kong's Civil Aviation Department (CAD) Wednesday gave approval for passenger fuel surcharges levied by three airlines to be reduced for the period from August 1 to 31.
The airlines involved include All Nippon Airways, Cathay Pacific Airways and Singapore Airlines.
The new maximum levels of fuel surcharges will be 98 HK dollars (12.61 U.S. dollars) for short-haul flights and 505 HK dollars for long-haul flights, representing a reduction of 7 percent and 2 percent from the current maximum levels for short and long-haul flights respectively. The applicable surcharge levels are based on the ticket issue date.
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 regularly by the CAD. The last review was done at the end of June when the maximum surcharge levels approved by the CAD were 105 HK dollars for short- haul flights and 513 HK dollars for long-haul flights.(1 U.S. dollar=7.77 HK dollars)