Airfare fuel surcharge hits lowest since Middle East conflict

MANILA, Philippines – Travelers flying in and out of the Philippines will enjoy cheaper airfares starting July 16 after the Civil Aeronautics Board (CAB) lowered the allowable fuel surcharge to its lowest level since the Middle East conflict began.

In an advisory on Monday, the regulator set the passenger fuel surcharge at Level 8, matching the rate implemented during the first half of April. It is the lowest fuel surcharge level since oil prices turned volatile following the outbreak of the Middle East conflict on Feb. 28.

READ: Jet fuel surcharge to fall further in July

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Under Level 8, airlines may collect fuel surcharges ranging from P253 to P787 for domestic flights and from P835.05 to P6,208.98 for international flights.

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This is one notch lower than the Level 9 surcharge in effect from July 1 to 15, under which airlines were allowed to collect between P287 and P839 for domestic flights and P947.30 to P7,044.27 for international services.

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Despite the reduction, fuel surcharges remain well above the pre-conflict Level 4, when airlines could charge only P117 to P342 for domestic flights and P385.70 to P2,867.82 for international routes.

The revised fuel surcharge will remain in effect until July 31. /pai INQ

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