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The Fuel Price Index levels ending 17
June and 24 June 2005 reached 317 and 320 respectively.
According to the fuel surcharge mechanism, when the index
level exceeds the 315 trigger point for two consecutive weeks,
the fuel surcharge will increase as follows:
| |
Previous Level |
New Level |
| Area 1 |
|
|
| North & South America |
HK$3.20/kg |
HK$ 3.60/kg
|
| |
|
|
| Area 2 |
|
| Europe, Middle East & Africa |
HK$3.20/kg |
HK$3.60/kg |
| |
|
| Area 3 |
|
| South & Southwest Pacific |
HK$3.20/kg |
HK$ 3.60/kg |
| |
|
| Area 3 |
|
| Asia (other than South & Southwest Pacific) |
HK$1.60/kg |
HK$ 1.80/kg |
With the two weeks' notice to cargo forwarders, the new
surcharge will be effective from 12 July 2005. Attached is the
list
of airlines that will increase the cargo fuel
surcharge from 12 July 2005.
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