Airports slash fees as PBBM warns jet fuel shortages could ground planes; PAL says it has enough fuel | |
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The Department of Transportation (DOTr) is slashing fees for both passengers and airlines to keep airfares affordable amid the oil crisis. The move comes after President Marcos Jr. said that grounding planes due to a jet fuel shortage caused by the war in Iran is a “distinct possibility” for Philippine carriers. Read more | |
Philippine Airlines (PAL) said it has shored up its jet fuel reserves for the “foreseeable future,” seeking to calm markets after President Marcos warned that the regional energy crisis could potentially ground the country’s carriers. Read more |
