The Civil Aeronautics Board (CAB) has maintained the passenger and cargo fuel surcharge levels for April 2024, despite rising travel demand during the peak summer season.
In an advisory, the CAB said passenger and cargo fuel surcharges for domestic and international flights will be level 6 from April 1 to 30, the same as this month.
Under Level 6 of the 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 the 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.
“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,” CAB 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 cost.
It said fuel surcharge is not a part of the basic airfare and may be reduced or removed depending on the price of jet fuel in the market.
According to the International Air Transport Association’s (IATA) Jet Fuel price Monitor, the average jet fuel prices stood at $107.86 per barrel as of March 15 this year, down 1.5 percent percent compared to last month and 2.2 percent lower compared to the same period last year.