Thursday , 18 April 2024

Air fares to rise this March

The country’s three locally based carriers – Philippine Airlines (PAL), Cebu Pacific and AirAsia Philippines – will increase their airfares starting March after the Civil Aeronautics Board (CAB) decided to allow airlines to raise fares due to rising jet fuel prices triggered by the recovery of air travel worldwide.

According to Cielo Villaluna, PAL spokesperson, the flag carrier will increase its fuel surcharge in March after they were allowed to apply higher rates.

Likewise, Cebu Pacific president and chief commercial officer Xander Lao said they will increase the fuel surcharge imposed on passengers in March.

Lao vowed that Cebu Pacific will reduce the base fares by offering seat sales throughout the month.

AirAsia Philippines spokesman Steve Dailisan said the low-cost airline will increase the fuel surcharge passed on to travelers, but believes the rate adjustment would have little to no impact on demand for air travel.

In an advisory, CAB raised the fuel surcharge to Level 7 in March, from Level 6 in February, to reflect movements in the international price of jet fuel.

Under Level 7, airlines may impose a fuel surcharge of P219 to P739 for domestic flights and P722.71 to P5,373.69 for international trips, depending on the per kilometer distance traveled.

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