The Civil Aeronautics Board said Tuesday airfares will stay at the same level in October despite the slight increase in jet fuel prices.
CAB executive-director Carmelo Arcilla said jet fuel prices averagedP47.27 per liter from Aug. 10 to Sept. 9, slightly up from P46.73 per liter a month earlier. The latest figures correspond to Level 9 of the passenger and cargo fuel surcharge matrix in October.
Under Level 9 of the new passenger fuel surcharge matrix, airlines are allowed to collect fuel surcharge of P287 to P839 for domestic flights and P947.39 to P7,044.27 for international flights.
The CAB said for cargo fuel surcharge, airlines are allowed to charge P1.47 to P4.31 per kilogram for domestic flights under Level 9 and P4.87 to P36.21 per kg for international flights.
“Airlines wishing to impose or collect fuel surcharge must file its application with CAB on or before the effectivity period, with fuel surcharge rates not exceeding the above-stated level,” Arcilla said.
