The Civil Aeronautics Board maintained the fuel surcharge that airlines may impose on passengers next month due to lower jet fuel prices.
CAB executive director Carmelo Arcilla said the fuel surcharge level for July 1 to 31 would be at level 4 as jet fuel averaged between P30 and P33 per liter. The fuel surcharge for the month of June is also at level 4.
Under Level 4, airlines can impose a fuel surcharge per passenger between P117 and P342 for domestic flights and P385.70 to P2,867.82 for international flights. For cargo, airlines are allowed to collect fuel surcharge between P0.60 and P1.76 per kilogram for domestic and P1.98 to P14.74 per kg for international.
“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.
The CAB said airline fuel surcharge is an optional fee, imposed and collected by airlines to recover fuel costs and stem losses caused by upward spikes in fuel prices.
