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Higher fuel surcharges weigh on Philippine travel demand
Rising fuel surcharges are being blamed for softening travel demand in the Philippines, as airlines pass higher jet fuel costs on to passengers. Higher ticket prices are reportedly discouraging both domestic and international trips, adding pressure on the country's travel and tourism sector at a time when carriers and operators were counting on a rebound in bookings.
Why now: Fuel surcharge increases are raising airfares, prompting concern about their impact on Philippine travel and tourism.
PhilippinesPhilippine airlinestravel industry
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Evidence
- Higher fuel surcharges weigh on Philippine travel demand · ttgasia.com
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