PUBLIC ADVISORY


Passenger Fuel Surcharge Level for 1 November to 31 December 2018
CLOSE

IMPLEMENTATION OF PARAGRAPH 9.2, SECTION 9 OF CAB ECONOMIC REGULATION NO. 9, OTHERWISE KNOWN AS THE AIR PASSENGER BILL OF RIGHTS

-- Download this Advisory

SCAMMERS USING THE DOTr AND ITS ATTACHED AGENCIES ADVISORY

-- View/Download this Advisory
CLOSE       

Print
04
Jun

PAL expects ‘modest’ profit this year amid rising oil prices

Written by bh0ngg. Posted in News

“It will be a modest profit. Actually we have reduced our projected profit because the price of fuel has gone up. Kaya lang pagka [But] if the price of fuel continue to go up, and we are not able to pass on the additional costs to the passengers, we may again report a loss,” PAL President and Chief Operating Officer Jaime J. Bautista told reporters on Thursday.

PAL reported a net loss of P7.3 billion in 2017, mainly attributed to higher fuel prices, and ballooning aircraft and passenger expenses.

In the first quarter, PAL saw its attributable net loss widen to P1.1 billion from the P954 million loss during the same period a year ago.

The airline’s expenses rose 14% to P36.9 billion. Jet fuel remained the biggest operating expense, increasing by P2.1 billion. PAL said the average fuel price per barrel went up to $88.24 in the first quarter versus $76.15 in 2017.

PAL announced last week it will be revising its application with the Civil Aeronautics Board (CAB) to impose a higher fuel surcharge. It initially submitted an application in December to impose a fuel surcharge of between P51 to P207, but the flag carrier said it needs to update this figure to take into account the increase in fuel costs from January to April.

Despite the challenges, Mr. Bautista said the company is hoping higher passenger load seen in the first quarter will continue for the rest of the year.

“Our experience now is that we are carrying more people onboard our airplane. Our load factor has gone up to almost 80%. From last year’s 71% lang ang average sa load factor namin [From last year’s average of only 71% in our load factor], now it’s 80%. (That’s) considering there are also routes where the loads are not that good yet, ’yung mga bagong routes [the new routes],” he said.

PAL introduced many flights out of Cebu this year, Mr. Bautista said. “Some of the flights have low load factor, but still the average is greater.”

He noted that a load factor of 80% means 60% of the flight is full. “There are flights where you are turning away passengers because the flights are full,” he said. — Denise A. Valdez

 

AIR PASSENGER BILL OF RIGHTS

CAB Hotline

Public Assistance 24/7

165-66

Secondary Numbers: PASSENGER RIGHTS ACTION DESK (PRAD)

NAIA Terminal1 0919-9128457 Laoag Airport 0998-5864834
NAIA Terminal2 0919-9128458 Legaspi Airport 0919-9128461
NAIA Terminal3 0919-9128451 Mactan-Cebu T1 0919-9128464
NAIA Terminal4 0919-9128470 Mactan-Cebu T2 To be updated
Bacolod Airport 0998-5864828 Masbate Airport To be updated
Basco Airport 0998-5864829 Naga Airport 0919-9128462
Boracay Airport 0919-9128453 Ozamis Airport 0998-5864835
Busuanga Airport 0919-9128460 Pagadian Airport 0998-5864836
Butuan Airport 0998-5864830 Puerto Princessa 0998-5864837
Camiguin Airport 0998-5864831 Roxas Airport 0998-5864838
Clark Int'l. Airport 0919-9128471 Siargao Airport 0919-9128456
Davao Int'l. Airport 0919-9128469 Surigao Airport 0998-5864839
Dipolog Airport 0998-5864832 Tacloban Airport 0998-5864840
Dumaguete Airprot 0998-5864833 Tagbilaran Airport 0919-9128465
General Santos 0919-9128467 Tuguegarao Airport 0998-5864841
Iloilo Int'l. Airport 0919-9128466 Virac Airport 0919-9128463
Kalibo Int'l. Airport 0919-9128454 Zamboanga Airport 0998-5864842
Laguindingan 0919-9128468

✆ 852-8967 (CAB Legal Office)
APBR@cab.gov.ph

Trunk Lines:
☎ (+632) 853-7259
☎ (+632) 854-5996

PRAD NAIA Terminal1 0919-9128457 PRAD Laguindingan 0919-9128468
PRAD NAIA Terminal2 0919-9128458 PRAD Laoag Airport 0998-5864834
PRAD NAIA Terminal3 0919-9128451 PRAD Legaspi Airport 0919-9128461
PRAD NAIA Terminal4 0919-9128470 PRAD Mactan-Cebu Int'l. 0919-9128464
PRAD Clark Int'l .Airport 0919-9128471 PRAD Naga Airport 0919-9128462
PRAD Bacolod Airport 0998-5864828 PRAD Ozamis Airport 0998-5864835
PRAD Basco Airport 0998-5864829 PRAD Pagadian Airport 0998-5864836
PRAD Boracay Airport 0919-9128453 PRAD Puerto Princessa 0998-5864837
PRAD Busuanga Airport 0919-9128460 PRAD Roxas Airport 0998-5864838
PRAD Butuan Airport 0998-5864830 PRAD Siargao Airport 0919-9128456
PRAD Camiguin Airport 0998-5864831 PRAD Surigao Airport 0998-5864839
PRAD Davao Int'l. Airport 0919-9128469 PRAD Tacloban Airport 0998-5864840
PRAD Dipolog Airport 0998-5864832 PRAD Tagbiliran Airport 0919-9128465
PRAD Dumaguete Airprot 0998-5864833 PRAD Tugeugarao Airport 0998-5864841
PRAD General Santos 0919-9128467 PRAD Virac Airport 0919-9128463
PRAD Iloilo Int'l .Airport 0919-9128466 PRAD Zamboanga Airport 0998-5864842
PRAD Kalibo Int'l. Airport 0919-9128454

complaints-button

flight-information-button

summary-of-the-rights-of-air-passengers-thumbnail

things-to-know-button

transparency-seal

cab-gender and development

Freedom of Information Philippines

citizens-charter

Vicinity Map

Vicinity Map of CAB

Web Stats

Today92
Yesterday284
Week2414
Month6677
All363160

Currently are 237 guests and no members online