• Tiger Airways seeks fare increase

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    The operator of Tiger Airways Philippines is seeking approval of the Civil Aeronautics Board (CAB) to increase its fare for International flights.

    In a petition to CAB, Tiger Airways requested a provisional authority to have an increase in the fuel surcharge.

    The airline proposed to raise its fuel surcharge to Clark to Singapore and vice versa from P500 to P800; Clark to Bangkok and vice versa, P500 to P850 and Kalibo to Singapore and vice versa, P500 to P900.

    A fuel surcharge is a temporary relief granted to airlines to help them recover losses they incur from higher jet fuel prices.

    Fuel accounts for about 50 percent to 60 percent of an airline’s operating cost per passenger, and is the second-highest expense next to labor.

    Rosalie C. Periabras

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