HONG KONG: Cathay Pacific Airways said on Friday (Jul 24) it would raise passenger and cargo fuel surcharges from Aug 1, reversing a series of reductions since May, as jet fuel prices surge on renewed Middle East tensions.The Hong Kong flag carrier said the adjustment marks the first increase to surcharges si

Shares of the carrier jumped more than 3 per cent in the afternoon session

HONG KONG: Cathay Pacific Airways said on Friday (Jul 24) it would raise passenger and cargo fuel surcharges from Aug 1, reversing a series of reductions since May, as jet fuel…