Business World
October 31, 2011
SINGAPORE Airlines Ltd. has been allowed to hike fares for flights from Manila, the Civil Aeronautics Board (CAB) announced during the weekend.
“Please be advised that ... [Singapore Airlines’ request] for authority to increase its published fares from Manila to Singapore, together with the attached fare, destination, inclusion, restrictions and conditions is hereby approved,” Carmelo L. Arcilla, CAB executive director, said in a letter published in a newspaper on Saturday.
The letter, addressed to Teodoro A. Pastrana, counsel for Singapore Airlines, did not indicate how much increase will be slapped on the fares. Representatives of the carrier were not immediately available for comment.
Singapore Airlines was required to publish its fare adjustments via a newspaper notice, and the CAB said further changes would have to be approved anew by regulators.
Singapore Airlines currently offers round trip Manila-Singapore tickets for as low as $270. CAB data show that the airline carried 339,116 passengers on international flights to the Philippines during the first half of the year, down 8% in the comparable 2010 period. -- KAM
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