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Sunday, May 19, 2024

AirAsia to waive fuel surcharge

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The Philippine unit of Southeast Asia’s largest budget airline said it will not impose fuel surcharge on its domestic and international flights. 

“To help reduce travel cost and stimulate more demand for travel and tourism, we will not be adding fuel surcharge on our fares for all domestic and international flights. We want to keep our fares low to encourage more people to travel,” AirAsia Philippines chief executive Dexter Comendador said.

The Civil Aeronautics Board approved the guidelines on the imposition of the passenger fuel surcharge for domestic and international flights in September.  The CAB also adopted a matrix for fuel surcharge that would be determined based on the two-month average of jet fuel MOPS (Mean of Platts Singapore) prices in its peso per liter equivalent and would be fixed for two months.

Domestic air fares, according to CAB estimate, could be slapped with an additional cost of up to P769 and those for international flights by as much as P9,860 with the reimposition by local carriers of the fuel surcharge.

Philippine Airlines and Cebu Pacific earlier announced the imposition of fuel surcharge on their local and international flights.

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