Fuel surcharge to raise airfares

By Lisbet K. Esmael

Sep 12, 2018 1:17 am

Regulators have allowed airlines to impose fuel surcharges as oil prices continue to increase.

The Civil Aeronautics Board (CAB) in Resolution 44 that detailed a surcharge matrix, noted that carriers had asked for the reimposition of fuel surcharges — scrapped in 2015 — given spiraling fuel costs.

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