Airfares are not expected to increase in December as the Civil Aeronautics Board (CAB) has retained the fuel surcharge for airlines until next month amid lower jet fuel prices.
CAB executive director Carmelo Arcilla said the fuel surcharge level for December has been kept at Level 8.
Under Level 8 of the new passenger fuel surcharge matrix, airlines are allowed to collect fuel surcharge of P253 to P787 for domestic flights and P835.05 to P6,208.98 for international flights.
For cargo fuel surcharge, airlines are allowed to charge P1.30 to P3.80 per kilogram for domestic flights under Level 8and P4.29 to P31.92 per kg for international flights.
“Airlines wishing to impose or collect fuel surcharge must file its application with CAB on or before the effectivity period, with fuel surcharge rates not exceeding the above-stated level,” Arcilla said.