Greater Bay Airlines raises fuel surcharges as Hong Kong rivals follow soaring costs

Greater Bay Airlines announced on Friday that it will raise fuel surcharges on various routes effective March 18 due to surging fuel costs. The move aligns with similar hikes by Hong Kong rivals like Cathay Pacific, primarily affecting international flights to Hong Kong.

Greater Bay Airlines stated that due to surging fuel costs, the carrier will adjust fuel surcharges. Specifically, charges on flights to Hong Kong from all destinations except mainland China, Taiwan, Japan, the Maldives, and the Philippines will rise by 106 per cent, from US$18 to US$37, or HK$141 to HK$290. The change takes effect on March 18.

Meanwhile, surcharges on flights departing Hong Kong for all destinations except the mainland and the Maldives will increase by 104 per cent, from HK$142 to HK$290. For flights from Hong Kong to the Maldives, the surcharge will rise by 90 per cent, from HK$284 to HK$541; in the opposite direction, it will increase by 92 per cent, from US$36 to US$69. Charges from Taiwan to Hong Kong will see a smaller 22 per cent rise, from US$18 to US$22.

This decision comes amid pressures on Hong Kong's aviation sector, with other local carriers like HK Express and Hong Kong Airlines having announced similar increases. Sources note that the fuel price surges are linked to tensions in the Middle East, though no further details are provided. The airline emphasized that the adjustments aim to address global energy market fluctuations and ensure operational sustainability.

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Photorealistic image of a jetliner amid Middle East conflict, with surging fuel prices, closed airspace map, and frustrated airport passengers.
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Airlines raise fares amid Middle East war fuel surge

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Global airlines are increasing ticket prices as jet fuel costs soar due to the US-Israel conflict with Iran. Airspace closures in the region are forcing reroutes and cancellations, exacerbating the disruptions. Oil prices have fluctuated sharply, impacting carriers worldwide.

Rising airline fuel surcharges and the Middle East conflict are deterring Hong Kong residents from long-haul travel, favoring safe and affordable high-speed rail trips to mainland China. Traveler Mr Lau and his wife took a train to neighboring Guangzhou for a three-day trip costing about HK$500. Hong Kong Tourism Association executive director Timothy Chui Ting-pong said the changes have encouraged visits to cross-border destinations.

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Hong Kong-based low-cost carrier Greater Bay Airlines will begin regular flights between Fukuoka Airport and Hong Kong starting Monday, as announced by Fukuoka International Airport Co. The airline has operated charter flights on this route since December last year and has deemed passenger demand sufficient.

Hong Kong International Airport expects revenue to grow by up to 10% this year despite disruptions from the Iran conflict, its CEO Vivian Cheung Kar-fay said. She aims to position the facility as an alternative aviation hub to the Middle East. The airport anticipates welcoming about 70 million passengers, up from 61 million last year.

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India's largest airline IndiGo has introduced new fuel surcharges of up to ₹950 per sector on domestic routes and ₹10,000 on long-haul international flights following an 8.56% rise in jet fuel prices. The government coordinated a partial and staggered increase with oil companies. The changes apply to all new bookings from April 2.

A joint US-Israeli attack on Iran has led to the cancellation or delay of at least 27 flights from Hong Kong to Middle East destinations, stranding hundreds of travellers at the city's airport. The Hong Kong government has issued a fresh warning against travel to Iran amid the strikes. Cathay Pacific has suspended all operations in the region.

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Indonesia's government has capped domestic flight ticket price increases at 9 to 13 percent amid rising jet fuel costs. The measure provides government-borne VAT relief for economy class tickets. It applies for 60 days to protect consumer purchasing power.

 

 

 

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