For the first time in eight years, the Airport Express has proposed a fare increase of approximately 9.4 percent, expected to be implemented in June. This proposal comes as the number of tourists visiting Hong Kong has not fully rebounded post-pandemic, and energy costs have surged in recent years. Near 14pc inflation in 7 years The MTR Corporation, which operates the Airport Express, has not raised fares during this period. The company stated that the cumulative inflation over the past eight years has exceeded 13 percent, and operating costs have significantly increased. Additionally, investments are planned to improve facilities, necessitating
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