Several transport groups on Tuesday filed a motion before the Land Transportation Franchising and Regulatory Board (LTFRB) asking that the minimum fare for public utility jeepneys (PUJs) be returned to P7.50.
According to the petitioners, the recent increase in diesel prices to more than P6 per liter justifies the fare increase.
The Alliance of Concerned Transport Organization, Alliance of Transport Operators and Drivers Association of the Philippines, Federation of Jeepney Operators and Drivers Association of the Philippines, and the Liga ng mga Transportasyon at Operator sa Pilipinas noted in their motion that in January 2016, the LTFRB board approved the reduction of PUJ fare from P7.50 to P7 due to the continuous drop in fuel prices.
At that time, the diesel cost P20 per liter. With the series of price increases, the price of diesel has gone up to P26.35 based on the Department of Energy’s Civil Monitor.
“The fare rates history would show that the increase or decrease of diesel fuel price is a major factor considered by this Honorable Board in adjusting the fare,” the transport groups said
“With the increase in diesel fuel price, it is only proper to revert to the previous P7.50 minimum fare in order to be at par with the present diesel fuel price and operators can recover their operational cost,” the transport groups said in the petition.
“A P6 increase in fuel translates to an increased fuel cost of P180 (at 30 liters consumption per day), while a return of P0.50 will result in an increase in income of P150 only (at 300 passengers per day,” they added.