Air travelers can expect lower ticket prices after the Civil Aeronautics Board (CAB) reduced the fuel surcharge to Level 8 for the period July 16 to 30, down from Level 9 in the first half of the month.
Under the new rate, domestic passengers will pay fuel surcharges ranging from P253 to P787, while international travelers will be charged between P835.05 and P6,208.98, depending on the route.
Fuel surcharges had previously climbed to Level 19 from April 16 to 30 due to higher jet fuel prices driven by tensions in the Middle East.
The government is also pursuing measures to make air travel more affordable, including extending the runways of regional airports to allow larger aircraft to operate.
