Airline firms struggling to cope with the surging cost of jet fuel plan to pass on the latest price hike to passengers to mitigate its impact on their expenses.
“Fuel surcharge is a tool used by airlines globally to transparently reflect the impact of fuel price volatility. PAL will remain faithful to the CAB matrix on fuel surcharge implementation,” Villaluna said.Xander Lao, chief commercial officer of budget carrier Cebu Pacific, said the Gokongwei airline has yet to decide on whether it will slap the fuel surcharge in August. The firm has subsidized its airfares to spare passengers of additional costs and, in the process, sustain demand.
“AirAsia understands that this slight movement in the fuel surcharge cost might be of concern to some guests [and] this is why we complement this uptick with regular sale promos, such as the ongoing P77 base fare in select domestic and international routes and the upcoming AirAsia Big Sale happening next week,” Dailisan said.
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