date: // code: 75558 // ٬ // // // //

Airlines seek fuel surcharge

“The effect of fuel price and currency has been significant for us,” Lance Gokongwei, president and chief executive of Cebu Air Inc., told reporters after the stockholders’ meeting of conglomerate JG Summit Holdings on Monday.

Airlines seek fuel surcharge

Reeling from the double whammy caused by surging global oil prices and the weakening of the peso, airline operators in the Philippines have asked regulators for an increase in fuel surcharges, potentially making it costlier to travel or transport goods by air.

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