No, in fact ajelonard: what the Hong Kong's aviation regulator has done is pass on the power to add/remove fuel surcharges over to the airlines. It is now up to the airlines to collect/add/remove fuel surcharges - and no longer in the government's hands.
Therefore, with current oil prices where they are, it is actually inevitable airfares will go up on cash bookings AND redemptions.
Originally Posted by
ajeleonard
Someone writing an article with zero grasp of economics. The final price paid by the customer doesn't go up because fuel surcharges are allowed or not
On the final price: that is a separate rule ordered by CAD to ensure pricing is transparent and that passengers know the full price at the first time of asking - not just the cost of the airfare