CAB to impose fuel surcharges starting July amid rise in jet fuel prices

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The Civil Aeronautics Board (CAB) is set to impose fuel surcharges starting July 1 which will range from P355 to P1,038 due to the ongoing rise in the prices of jet fuel in the world market.

An airport worker checks the engine of a Boeing 787 of the airline company Air France parked in the tarmac at Roissy-Charles de Gaulle Airport, in Roissy, north of Paris, on June 27, 2019. Fuel surcharges will go up starting July 1, 2022 due to the rise in jet fuel prices, the Civil Aeronautics Board says. Joel Saget/AFP/File photo

A plane trip from Manila to Cebu will have a surcharge of P706, for instance, CAB Hearing Examiners Division Chief Atty. Blem Moro said in an interview during the Laging Handa public briefing. The CAB official said surcharges are also based on the distance of a flight. She said it will be applicable to domestic and international flights.

Upon review of the matrix in April and May, Moro said fuel price was at $155 per barrel, with the Philippine peso-US dollar exchange rate at P52:$1.

 

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