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MANILA, Philippines – Passengers flying within and out of the Philippines can expect cheaper airfares starting July after the Civil Aeronautics Board (CAB) again lowered the allowable fuel surcharge airlines may collect, following the easing of Middle East tensions that pulled down global oil prices.
In an advisory dated June 26, the regulator set the fuel surcharge at Level 9 for July 1 to 15, down from Level 12 in the second half of June. The latest reduction was steeper than the earlier downgrade from Level 13 (June 1 to 15) to Level 12.
READ: Airfare surcharge to drop anew by June 16
Under Level 9, airlines may charge fuel surcharges of P287 to P839 for domestic flights, down from P389 to P1,137 under Level 12.
