CAB receives fuel surcharge petitions from four airlines

FOUR AIRLINES have sought regulatory permission to impose or increase fuel surcharges on some domestic and international routes, according to filings with the Civil Aeronautics Board (CAB).

South East Asian Airlines (SEAIR), Inc. asked permission on June 10 to impose a P500 fuel surcharge for its Manila-Cagayan de Oro service.

Meanwhile, Air Busan Co. Ltd. asked to increase its fuel surcharge to $60 per sector between Cebu, Philippines and Busan, Korea, from $55.

For its part Magnum Air, Inc. sought authorization to introduce a fuel surcharges for its Manila services to Basco (P2,940), Busuanga (P1,960) and Caticlan (P2,613).

Finally, Cebu Air, Inc., parent company of the Cebu Pacific airline, sought to impose a P300 fuel surcharge on its Cebu-Tandag route.

Data from CAB also indicate that Cebu Pacific’s domestic passenger traffic rose to 2.65 million in the first quarter, from 2.52 million a year earlier.

Asked to comment on the first quarter numbers, Cebu Pacific spokesperson Juan Lorenzo T. Tañada cited “increased presence in key markets, strategic seat sales offering the lowest possible fares and continuous network expansion.”

Shares of Cebu Air closed at P58.70 on Wednesday, up P1.90 or 3.35%. — Chrisee Jalyssa V. dela Paz