Air passengers will get cheaper tickets from July 16 to 31, as the Civil Aeronautics Board (CAB) cuts fuel surcharges amid falling global jet fuel prices. Rates drop to Level 8 from the earlier Level 9, with domestic passenger surcharges at ₱253 to ₱787, and international rates at ₱835.05 to ₱6,208.98. Cargo fees will range from ₱1.30 to ₱3.80 per kg domestically and ₱4.29 to ₱131.92 per kg internationally.
The CAB has switched to a 15-day review cycle from the usual one month as a temporary measure, to ease costs for the public and airlines. Airlines must file applications before the effective date and cannot charge above approved levels. Global jet fuel prices fell 7.8 percent month-on-month to $119.13 per barrel as of July 3.
