Cathay Pacific Airways Ltd. has implemented another significant increase in fuel surcharges, marking the second adjustment in two weeks. The Hong Kong-based carrier raised levies by 34% across all ticket classes, reflecting the continued volatility in global energy markets and the airline's response to mounting operational costs.

The move comes as Cathay accelerates its fuel surcharge review schedule to biweekly, a more frequent assessment than typical industry practices. This accelerated timeline allows the airline to more swiftly respond to fluctuating jet fuel prices, which have experienced considerable swings in recent months amid geopolitical tensions and supply chain disruptions.

Passengers traveling with Cathay will face higher fares as the increased surcharges get passed through to ticket prices. Airlines worldwide have been implementing similar fuel surcharge adjustments as crude oil prices remain elevated compared to pre-pandemic levels, though the biweekly review schedule positions Cathay as particularly responsive to market conditions among its industry peers.