Cheaper airfares await Pinoys by end-June (opens original article in a new tab)

Filipinos will see cheaper airfares in late June as fuel surcharge levels decrease, but airlines face financial difficulties due to ongoing cost pressures.

• Civil Aeronautics Board ordered airlines to reduce fuel surcharge to Level 12 for June 16-30
• Fuel surcharge amounts vary by flight distance with Level 12 ranging from P389 to P9,550.13
• IATA predicts Asian airlines' net profit will drop by a third to $6.6 billion in 2026
• Philippine airlines face financial challenges due to currency depreciation and high jet fuel costs