Hong Kong bus firms apply for fare hikes up to 17.7% citing Middle East fuel pressure

Hong Kong franchised bus operator Citybus sought the highest increase at 17.7 per cent, followed by Kowloon Motor Bus Company at 16 per cent.

Hong Kong’s four franchised bus operators have applied for fare hikes of up to 17.7 per cent as they face “significant financial pressure” from soaring fuel prices amid the ongoing war in the Middle East. The city’s four bus operators — Kowloon Motor Bus (KMB), Citybus, Long Win Bus, and New Lantao Bus — submitted […]

Four Hong Kong franchised bus operators have applied to raise fares by up to 17.7 per cent, citing “significant financial pressure” from soaring fuel prices driven by the Middle East conflict. Citybus has sought the steepest increase, at 17.7 per cent, followed by the KMB Company at 16 per cent. Long Win Bus and New Lantao Bus have applied for rises of 8.1 per cent and 9.8 per cent respectively, according to a paper the Transport and Logistics Bureau submitted to the Legislative Council on...