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Highest fuel surcharge not dampening demand?

In order to cushion the effect of skyrocketing global oil prices on airlines, the Civil Aeronautics Board (CAB) this month allowed airlines to collect Level 7 fuel surcharge, the highest level in its matrix. Airlines now slap on fuel surcharges of P201 to P769 for local flights and P1,035 to P9,
International Air Transport Association Philippine Airlines Civil Aeronautics Board Cebu Pacific Airasia Philippines Finally Free
Source: mb.com.ph

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