Philippines removes fuel surcharges
January 15, 2015
Published on Jan 15, 2015
All charges scrapped from January 9, 2015
Passenger airlines in the Philippines have scrapped fuel surcharges on all flights.
The move came into effect on January 9, 2015, following a directive from the Philippine Civil Aeronautics Board (CAB), which ruled that fuel surcharges should no longer be applied due to the recent drop in jet fuel prices.
In response in Travel Daily's inquiries, Cebu Pacific's vice president of corporate affairs, Atty. Juan Lorenzo Tanada, said; "CEB has complied with the Philippine Civil Aeronautics Board… and has implemented the removal of fuel surcharges."
"As this is in line with actual fuel cost decline in recent weeks, we don't foresee this to have material impact on our profitability."
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