Hong Kong bus operators seek fare increases, citing increased fuel prices due to Middle East war
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.
Four Hong Kong bus companies have petitioned the government to raise fares by up to 17.7 percent, citing soaring fuel prices due to the ongoing Middle East conflict. Citybus requested the largest increase at 17.7 percent, followed by Kowloon Motor Bus Company at 16 percent, New Lantao Bus at 9.8 percent, and Long Win at 8.1 percent.
According to the Transport and Logistics Bureau's submission to the Legislative Council, these bus companies have faced substantial financial strain and operational challenges stemming from the rising cost of diesel, which has surged by 75 to 134 percent since January. This has led to an estimated 85 to 132 percent increase in fuel expenditure over the same period.
The bureau highlighted that while the bus operators reported varying profits in 2025, ranging from HK$7.92 million to HK$369 million, they all anticipate a significant decline in profit for the first half of 2026. The government must strike a balance between the financial viability of these companies, the safety and quality of their services, public acceptability and affordability, and the impact on passengers.
Transport Secretary Mable Chan emphasized that the government will act as a gatekeeper, considering public affordability alongside the companies' financial sustainability. Factors such as the franchised bus companies' future operating situation, cost and revenue projections, long-term financial outlook, and the impact on services will be thoroughly examined.
Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
