THE Civil Aeronautics Board (CAB) is looking to lower the fuel surcharge that will be charged for the entire February.

According to the CAB, this will be lowered from Level 6 to Level 5.

It translates under Level 5, that the fuel surcharge for domestic flights could range from PHP151 to PHP542, and from P498.03 to P3,703.11 for international flights, depending on the distance.

According to the CAB advisory that was signed on January 15, Executive Director Carmelo Arcilla noted that airlines who will impose or collect fuel surcharge must file their application with his office on or before the effectivity period.

The application conversion rate is USD1 is to PHP55.64.

"We hope this encourages our passengers to confidently pursue their travel plans as we enter the new year. Cebu Pacific (CEB) looks forward to flying more people to their top destinations with our low fares and seat sales," according to CEB president Xander Lao.

He said that the Gokongwei-led airline is set to offer more affordable flights due to the changes.

Meanwhile, another low-cost carrier, AirAsia Philippines, welcomed the announcement as well.

"While aviation fuel prices remain volatile, the adjustment in fuel surcharge cost comes in very timely with many Philippine festivals happening from its period of implementation," AirAsia Philippines spokesperson Steve Dailisan said in a statement.