Airfares seen going down as CAB lowers fuel surcharge cost

Airfares are expected to go down next month as the Civil Aeronautics Board (CAB) lowered the fuel surcharge that local carriers are allowed to collect.

The CAB, in a resolution on Tuesday, brought down to Level 9 the passenger and cargo fuel surcharge for September from the current Level 12.

This means the fuel surcharge collected from passengers will go down to a range of P287 to P839 per person for domestic flights under Level 9, from P389 to P1,137 per passenger under Level 12.

For international flights, the fuel surcharge was brought down to a range of  P947.39 to  P7,044.27  from P1,284.40 to P9,550.13  previously.

The regulator slashed the fuel surcharges after the price of jet fuel averaged lower at P46.73 per liter  based on its latest monitoring from P54.73 per liter previously.

Fuel surcharges are additional fees that airlines are allowed to collect to help them recover fuel costs. These are added to the base fares.

For passengers flying from Manila to Caticlan and Kalibo, the fuel surcharge will be P410 while flights from Manila to Iloilo, Bacolod and Puerto Princesa, the amount will be P571 per person.  The fuel surcharge for flights from Manila to Dumaguete, Tagbilaran, Surigao and Siargao will be P726 per person.

Passengers flying to Taiwan, Hong Kong, Vietnam, Cambodia and Brunei will be paying a fuel surcharge of  P947.39. The applicable fuel surcharge for flights to Singapore, Thailand, Malaysia and Guam is P1,310.26 while airlines may collect P6,708.83 for flights to North America, United Kingdom and Netherlands.

Philippine Airlines, Cebu Pacific and AirAsia Philippines welcomed the lowering of the fuel surcharges as these will bring down the cost  burden on their passengers. ease the spending of their passengers.

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