THE Civil Aeronautics Board (CAB) has lowered the fuel surcharge level in January next year following the drop in the price of jet fuel.
In an advisory yesterday, CAB executive director Carmelo Arcilla announced that the fuel surcharge for Jan. 1 to 30, 2023 was lowered to Level 7.
During the agency’s monitoring period for Nov. 10 to Dec. 9, the price of jet fuel averaged P41.50 per liter, “which corresponds to Level 7 of the Passenger and Cargo Fuel Surcharge Matrix.
The fuel surcharge level for January 2023 is a notch lower than the current level.
Under Level 7, passengers will be charged P219 to P708 fuel surcharge for domestic flights and P772.71 to P1,124.26 for international flights, depending on the flight distance.
Meanwhile, under the current Level 8, the fuel surcharge for domestic passenger flights ranges from P253 to P787 depending on the distance of the flight.
For international passenger flights originating from the Philippines, the fuel surcharge ranges from P835.05 to P6,208.98.
“Airline wishing to impose or collect fuel surcharge for the same period must file its application with this Office on or before the effectivity period, with fuel surcharge rates not exceeding the above-stated level,” Arcilla said.
Cebu Pacific, meanwhile, welcomed the fuel surcharge level downgrade.
“This decrease in fuel surcharge for January 2023 is a welcome development, especially as we see a continuous increase in passenger traffic and forward bookings. We are excited to offer even lower fares for everyJuan,” Xander Lao, Cebu Pacific chief commercial officer, said. (GMA Integrated News)
