Filipinos planning summer trips may need to prepare for higher airfare costs, as the Civil Aeronautics Board (CAB) has announced an increase in fuel surcharges for March.
In its latest advisory, CAB raised the fuel surcharge to Level 5, up from Level 4 in October, citing rising global oil prices. The Department of Energy attributes this trend to market concerns over potential supply disruptions due to US sanctions on Russian and Iranian oil.
Despite the increase, local airlines assure passengers they will continue to offer competitive fares. Cebu Pacific president Xander Lao emphasized their commitment to keeping travel affordable, encouraging travelers to book early for the best deals. Meanwhile, AirAsia Philippines’ communications head, First Officer Steve Dailisan, highlighted their “piso fare” promotions as a way for passengers to save on costs.
