MANILA, Philippines - The Civil Aviation Board (CAB) confirmed on Wednesday that all airline companies in the country implemented an airfare rollback.
The House of Representatives committee on transportation issued a resolution last January 8 which orders airline companies to remove the fuel surcharge from the airfares.
According to a report from radio dzMM, Cebu Pacific President and Chief Executive Officer (CEO) Lance Gokongwei, Philippine Airlines Senior Vice President on Airline Operations Ismael Gozon at AirAsia Zest Philippines CEO Joy Cañeba confirmed that the surcharge was omitted in the airfares as mandated by the House Resolution.
The fuel surcharge was a temporary add-on to ticket fares as a contingency for oil price hikes and systems loss.
The CAB conducted two hearings before the House Resolution was issued.