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Sunday, May 19, 2024

Airline surcharges unchanged–CAB 

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The Civil Aeronautics Board said allowable fuel surcharge for airlines remains unchanged until February 2020 due to stable jet fuel prices globally. 

“For October to November, the price of jet fuel averaged $77.28 per barrel with the US dollar exchange rate of P51.12 for the same period. This is equivalent to P24.85 per liter, which corresponds to Level 2 of the Passenger Fuel Surcharge Matrix,” CAB said in an advisory. 

This means airlines are allowed to collect  P45 to P171 for domestic flights, and P218 to P2,076 for international flights under the Level 2 of the passenger fuel surcharge matrix for January and February period. 

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