Hong Kong’s Cathay Pacific to cut fuel surcharges again as costs ease

Hong Kong flag carrier Cathay Pacific Airways will lower fuel surcharges on most passenger flights for the second time in less than two months, with the revised rates taking effect from July 1 as fuel costs ease from highs triggered by the Middle East war.
Under revised rates announced on Tuesday, passengers departing from Hong Kong on long-haul flights to destinations in North America, Europe, the Middle East, Africa and the Southwest Pacific will pay HK$1,164 per sector, down 14.5 per cent…