CAB keeps fuel surcharge steady in November

MANILA, Philippines — The Civil Aeronautics Board (CAB) kept the airline fuel surcharge steady for the fourth month in a row in November, allowing travelers to book flights without worrying about extra cost.

The Civil Aeronautics Board (CAB) maintained the fuel surcharge at Level 4 status for November.

Fuel surcharges under Level 4 range from P117 to P342 per passenger on a domestic flight originating from the Philippines, and P385.70 to P2,867.82 per passenger on international flights.

Fuel surcharge is a fee the airline is allowed to charge to customers, safeguarding carriers from fluctuating fuel costs. It is calculated using a baseline price and current market rates. These are separate from the base fare, which is the actual amount paid by the passenger for his or her seat.

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Conversion rate

Meanwhile, the conversion rate is P57.57 per US dollar for international flights collecting fares in equivalent currencies.

In an Oct. 17 advisory, airlines have been advised to submit an application to impose such surcharge on or before the effectivity date on Nov. 1

READ: Record-low fuel surcharge seen to bring down airfares in June

Last July, fuel surcharges were set at Level 3 prior to its four-month consistent status.

An increase in fuel surcharge to Level 5 was last seen in March this year. /dda