Negosyante News

September 13, 2024 3:11 pm

Cheaper Airfares Expected in September Amid Fuel Surcharge Downgrade

Travelers can anticipate lower airfares starting in September as the Civil Aeronautics Board (CAB) has reduced the fuel surcharge level for both domestic and international flights. The surcharge will be adjusted to Level 5 for the period of September 1 to 30, 2024, down from the current Level 6.

Fuel surcharges are optional fees that airlines may charge passengers to offset the fluctuating costs of jet fuel. Under the new Level 5, domestic flight surcharges will range from P151 to P542, depending on the distance. For international flights originating from the Philippines, the surcharge will range from P498.03 to P3,703.11.

Previously, under Level 6, domestic passengers were charged between P185 and P665, while international surcharges ranged from P610.37 to P4,538.40.

Airlines that wish to impose these surcharges for September must file their applications with CAB before the period begins, ensuring their rates do not exceed the Level 5 limit.

Cebu Pacific welcomed the reduction, calling it a “positive development” that supports more affordable travel. “This recent adjustment is a positive development that supports our efforts to offer more affordable travel options,” said Xander Lao, Cebu Pacific’s president and chief commercial officer.

Steve Dailisan, head of communications and public affairs for AirAsia Philippines, echoed this sentiment, noting that the lower surcharge will likely influence travelers’ booking decisions. He highlighted that any savings on airfares could be redirected to other aspects of travel, such as hotels, restaurants, and activities.

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