CAB cuts July fuel surcharges, lowering fares

Air travelers can expect lower fares next month as the Civil Aeronautics Board (CAB) announced a reduction in fuel surcharges for July.

Effective July 1 through July 31, 2024, the CAB will decrease fuel surcharge levels from Level 6 to Level 5, encouraging passengers to book tickets early and take advantage of reduced airfares.

For domestic flights, this means a range of P151 to P542 in fuel surcharges, down from the current P185 to P665, while international flights will see surcharges ranging from P498.03 to P3,703.11.

CAB Administrative Division officer in charge Clarabel Anne Lacsina noted that lower world market prices for fuel prompted this reduction.

Lacsina also reported a significant increase in air travel volume this year with 7.4 million domestic flights and 6.9 million international flights in the first quarter of 2024.