Author page: The Situation Report

Airfares set to soar in April as fuel surcharge more than double, CAB says

Passengers can expect higher airfares in April after the Civil Aeronautics Board (CAB) raised the passenger fuel surcharge to Level 8, the highest in two years. The new level is more than double the current Level 4 rates. On Monday, President Ferdinand Marcos Jr. said the CAB has shortened its fuel surcharge review period from one month to 15 days, allowing regulators…

Read Article