News
Cathay Pacific, Greater Bay Airlines lift fuel surcharges
March 30th 2026
Cathay Pacific has again raised fuel surcharges on various routes in response to the surge in oil prices following the Israel and U.S.-led war against Iran. Read More » The surcharge has gone up by about 35% for tickets purchased from April 1. The oneworld alliance member is also reviewing fuel surcharge levels every two weeks as a temporary measure, given the volatility in the market. "The ongoing volatile situation in the Middle East continues to have a significant impact on the price of jet fuel and this is placing considerable pressure on airlines around the world," Cathay said. "To enable a more agile response to the volatile jet fuel prices, we will review and revise the fuel surcharge every two weeks to better capture jet fuel price movements in either upward or downward direction. This increased frequency of review is intended as a temporary measure and will be revisited when the Middle East situation stabilises." Cathay said International Air Transport Association (IATA) data showed global average jet fuel price had risen from US$95.95 in February to US$197 in the week ending March 20.
Hong Kong-headquartered Greater Bay Airlines (GBA) also announced late last week a lifting of fuel charges on various routes from the start of April "in view of the impact of the continuous change in fuel prices on flight operating costs". While most routes’ fuel surcharges were rising by about 35%, flight tickets with journeys originating from Taiwan and the Philippines have more than doubled. From the Philippines the surcharge will be 835 peso (US$13.77) from April 1, up 116% from 386 peso currently, while tickets sold in Taiwan will have a US$50 fuel surcharge from April 3, a 127% increase from US$22. "The airline will continue to review the current fuel surcharges closely and prudently," GBA said.
