Core Viewpoint - The Middle East situation has led to a significant increase in aviation fuel prices, prompting Cathay Pacific to raise its passenger fuel surcharge by over 100% despite having 30% of its crude oil hedged [1] Group 1: Fuel Surcharge Adjustments - Cathay Pacific will increase the passenger fuel surcharge for short-haul flights from HKD 142 to HKD 290, an increase of 104% [1] - The surcharge for medium-haul flights will rise from HKD 264 to HKD 541, reflecting an increase of approximately 105% [1] - Long-haul flight surcharges will increase from HKD 569 to HKD 1164, also showing a rise close to 105% [1] Group 2: Monitoring and Future Actions - The company stated it will regularly review the fuel surcharge levels and closely monitor the trends in aviation fuel prices [1]

Core Viewpoint - Cathay Pacific Airways announced an increase in passenger fuel surcharges starting March 18, with significant hikes across short, medium, and long-haul flights due to rising aviation fuel prices influenced by recent developments in the Middle East [1] Group 1: Fuel Surcharge Increases - Short-haul flights will see an increase from HKD 142 to HKD 290, more than doubling the current surcharge [1] - Medium-haul flights will rise from HKD 264 to HKD 541, also more than doubling the surcharge [1] - Long-haul flights will increase from HKD 569 to HKD 1164, again more than doubling the surcharge [1] Group 2: Fuel Price Influences - The airline indicated that aviation fuel prices have nearly doubled since March due to the latest developments in the Middle East [1] - Cathay Pacific stated that the fuel surcharge will be adjusted according to a predetermined mechanism and will regularly review the surcharge levels while closely monitoring fuel price trends [1]