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Friday, March 29, 2024

CAB cuts fuel surcharge on passenger airfare

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The Civil Aeronautics Board said Tuesday it will reduce the fuel surcharge imposed on domestic and international flights next month.

CAB executive director Carmelo Arcilla said the fuel surcharge level for Feb. 1 to 28 would be at Level 6 as the price of jet fuel averaged P38.92 per liter from Dec. 10 to Jan. 9, 2023.

The CAB imposed a fuel surcharge of Level 7 last month, as jet fuel averaged P41.50 per liter. Under Level 6 of the new passenger fuel surcharge matrix, airlines are allowed to collect a fuel surcharge of P185 to P665 for domestic flights and P610.37 to P4,538.40 for international flights.

The CAB said for cargo fuel surcharge, airlines are allowed to charge P0.95 to P2.78 per kilogram for domestic flights under Level 6 and P3.14 to P23.33 per kg. for international flights. Darwin G. Amojelar

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