Ninoy Aquino International Airport Terminal 3— INQUIRER PHOTO / RICHARD A. REYES
Plane fares will continue to go down next month with the implementation of the year-low fuel surcharge, a welcome development that is seen to further boost travel during the holiday season.
In a recent advisory, the Civil Aeronautics Board (CAB) announced that the fuel surcharge was downgraded to Level 4 for October from the current Level 5.
Passengers will pay additional P117 to P342 for domestic flights and P385.70 to P2,867.82 for flights abroad under Level 4.
READ: Cheaper plane fares coming in Sept with fuel surcharge cuts
These are lower compared to Level 5 rates: P151 to P542 for domestic flights and P498.03 to P3,703.11 for international flights.
The fuel surcharge rate for next month is the lowest since August of last year. Prior to this, the fuel surcharge level was switching between Levels 5 and 6 only this year.
Fuel surcharges are additional fees by airlines to help them recover fuel costs. These are separate from the base fare, which is the actual amount paid by the passenger for his or her seat.