Budget carrier Cebu Pacific is cutting the fuel surcharge paid by its passengers by as much as 20 percent on all domestic routes.
The company, in a statement, said it was its way of passing on to the public the savings it realized from the recent softening of oil prices.
Starting Monday, fuel surcharges for flights from Manila to the Visayas, Mindanao and select Luzon routes will be lower by P100, while fees for flights from Manila to select Luzon routes, Visayas flights to all other routes and Mindanao flights to Visayas and other points in Mindanao will be lower by P50.
Fuel surcharges are paid by passengers on top of basic ticket prices.
“We are committed to offering the public the lowest all-in fares in all the routes we operate. Now, Cebu Pacific’s all-in lowest fares will be even more affordable to business and leisure travelers in the Philippines,” Cebu Pacific vice president for marketing and distribution Candice Iyog said in a statement.
In the meantime, the company announced the launch of a new international seat sale for flights to China (Beijing, Guangzhou, Shanghai or Xiamen), South Korea (Seoul or Busan), Hong Kong and Macau.
The discounted international routes will be good for travel from August 1 to October 30 this year.
“Cebu Pacific will continue to look for ways to make flying accessible to everyone, with the expected delivery of three more brand-new Airbus A320 in the second half of the year,” the company said.
“More aircraft will make a difference in supporting the growth of Philippine tourism and trade,” it said.
Cebu Pacific currently operates 10 Airbus A319, 20 Airbus A320 and eight ATR-72 500 aircraft. The fleet of 38 aircraft—with an average age of 3.6 years—is the largest aircraft fleet in the Philippines.
Between 2012 and 2021, Cebu Pacific will take delivery of 22 more Airbus A320 and 30 Airbus A321neo aircraft orders. It is slated to begin long-haul services in the third quarter of 2013.
Cebu Pacific shares fell 0.81 percent to close at P67.4 each on Monday.