United Airlines hiking fares 15-20% on jet fuel spike

United Airlines has implemented broad-based fare hikes of 15 to 20 percent as it seeks to offset the surge in gasoline prices while protecting profits, executives said Wednesday.

The big US carrier, which has also trimmed its 2026 flying capacity by 5 percent, aims to recover 100 percent of the added costs from the jet fuel price spike due to the Middle East war.

Chief Executive Scott Kirby described oil prices as ‘incredibly volatile,’ but said the company’s plan is based on the assumption that ‘fuel may remain higher for longer.’

While the airline has yet to see pullback from customers due to high fares, United may cut back additional flights in 2027 if demand ebbs, Kirby said.

United on Tuesday reported higher first-quarter profits but lowered its full-year profit forecast due to jet fuel costs. United expects fuel prices to average $4.30 per gallon in the second quarter, up 55 percent from the average in the first quarter.

Other carriers too

Other airlines have also announced fare increases and capacity curtailments in response to the surge in oil prices since the US-Israel siege on Iran launched on Feb. 28.

The head of the International Air Transport Association on April 17 called on authorities to put ‘well-coordinated plans in place’ in case of jet fuel rationing.

Worries about jet fuel availability are more acute in Asia and Europe compared with the United States, said United Chief Financial Officer Michael Leskinen.

‘We don’t see a lack of availability being an issue at all in the US. It’s a price issue,’ Leskinen said.

‘However, even in Europe and Asia, as we sit here today, we think it’s a price issue not an availability issue,’ said Leskinen adding that ‘spot outages’ could happen in Europe and Asia if the conflict drags on.

Airfares to soar as fuel surcharge doubled in mid-April

Travelers flying within and out of the Philippines are facing significantly higher airfares for the rest of April after the Civil Aeronautics Board (CAB) approved a Level 19 fuel surcharge, pushing additional charges to as much as P15,397 per ticket.

This new rate brings jet fuel surcharges close to the maximum Level 20 and marks a sharp increase from Level 8 imposed from April 1 to April 15.

Before the Middle East conflict broke out, Level 4 surcharge had applied.

Under Level 19, fuel surcharges for domestic flights now range from P627 to P1,834, up from P253 to P787 earlier in April-equivalent to increases of 147.83 percent and 133.04 percent, respectively.

For international flights, the surcharge rises to at least P2,070.77 and as much as P15,397.15, from P835.05 to P6,208.98 previously, representing a 147.98-percent increase.

CAB issued the advisory on Wednesday, although the new rates had taken effect for tickets issued starting April 16.

‘This interim measure shall be in effect until the current situation stabilizes, or as may be revised or revoked accordingly,’ it said.

These new rates will be applied at a conversion rate of P59.95 per US dollar.

Up 436% from prewar levels

This adjustment comes as global jet fuel prices remain high, reaching $184.63 per barrel as of April 17, from $99.40 per barrel prior to the Iran conflict, based on data from the International Air Transport Association.

Compared with prewar levels, Philippine jet fuel surcharges have now increased by 436 percent.

In March, carriers were unable to immediately reflect the price surge, as surcharges had already been set at Level 4 before hostilities escalated. At that level, domestic charges ranged from P117 to P342, while international surcharges were between P385.70 and P2,867.82.

Level 20 remains the highest allowable tier under CAB rules, with domestic surcharges ranging from P661 to P1,993 and international charges from P2,183.11 to P16,232.44.

On top of base airfare

Under CAB Resolution No. 25, Series of 2022, fuel surcharges are optional and charged on top of the base airfare. These may be removed if the one-month average price of jet fuel falls below P21 per liter.

In a statement, AirAsia Philippines said the increase reflects mounting cost pressures on carriers amid the ongoing conflict.

‘With the ongoing geopolitical uncertainty, our operational cost base has significantly exceeded initial forecasts-global jet fuel prices have surged to more than double 2025 levels,’ the airline said.

4 nabbed for selling puffer fish in Camarines Sur

Four vendors were arrested on Wednesday after authorities seized more than 66 kilograms of puffer fish being sold at the public market in Nabua town in Camarines Sur.

The Bureau of Fisheries and Aquatic Resources in Bicol (BFAR-5), in coordination with the Nabua police, inspected the public market at 6 a.m. This led to the arrest of the vendors for violating Fisheries Administrative Order No. 249, series of 2014, which bans the sale and distribution of puffer fish.

Wheng Bricia-Briones, BFAR Bicol information officer, said violators can be penalized with imprisonment from two months to a year, and a fine of not less than P10,000.

She said seven kilograms of puffer fish were worth P1,400; another seven kilograms were worth P1,540; 7.02 kilograms were worth P1,404; and 45 kilograms were seized, valued at P45,000.

Administrative charges will be filed against the four suspects.

The confiscated fish were brought to the BFAR regional office for proper disposition.

The agency reiterated its warning against the sale, whether fresh or processed, and consumption of pufferfish, locally known as ‘butete,’ citing its potent toxin that can cause serious illness or, worse, may lead to death.

LBC sells Taiwan employment service unit

LBC Express Holdings Inc. is exiting its Taiwan-based employment services business after three years as part of a move to refocus operations and address losses.

In a disclosure on Wednesday, the logistics company said it had approved the sale of its 100-percent stake in Blue Eagle and LBC Services Ltd. to Ruby Chang for 2 million Taiwanese dollars, or about P3.8 million.

LBC said the divestment is aimed at realigning its strategy for the unit.

‘The divestment of Blue Eagle is pursuant to the plans of the Corporation to refocus strategic direction for Blue Eagle, which may include implementing certain organizational changes, with a view of turning around losses of the subsidiary,’ it said.

Blue Eagle, incorporated in Taiwan, is engaged in employment services.

The purchase price represents a steep markdown from LBC’s earlier acquisition cost. In 2023, the company acquired the same unit for 5 million Taiwanese dollars, or about P8.7 million at the time, as part of efforts to expand its global revenue streams.

‘The acquisition is expected to benefit the company by contributing to the global revenue stream,’ LBC said then.

The sale remains subject to approval by Taiwan regulators.

Business mix

LBC generates the bulk of its revenues from logistics services, including domestic and international courier, freight forwarding and cargo transport across air, sea and land.

It also operates a money transfer business covering remittances, bills payment and corporate payout services.

The company returned to profitability in 2025, posting attributable net income of P246.06 million.

Domestic operations continued to account for the larger share of revenues, generating P8.61 billion, while overseas operations contributed P5.41 billion.

By segment, logistics services brought in P13.56 billion, compared with P465.53 million from money transfer services.

Palace to Sara Duterte: Travel authority usually given day before flight

‘Ibigay ang hilig ng walang ligalig.’ (Give the desire without trouble.)

This was the response of Palace Press Officer Claire Castro to questions on why the Office of the President (OP) approved Vice President Sara Duterte’s request for a 22-day overseas travel.

At a briefing on Thursday, Castro also refuted claims that the OP intentionally granted Duterte’s request a day before her departure, which Duterte said was a last-minute decision.

The request was made on April 14, and according to Castro, it usually takes five business days to process. This is the same process followed for other officials who request travel authority.

Duterte on Thursday said she will soon file a new travel request and asked for its prompt issuance to allow sufficient time for travel preparations.

‘The vice president, based on records, receives her travel authority documents a day before her intended trip. So, she was not denied. There is also no record showing that when she requested a vacation or a personal trip for an extended period, she was ever refused. Therefore, to say that this was a last-minute resolution or decision is not accurate. This is because this is what usually happens-the travel authority is normally given to her a day before,’ Castro explained in Filipino.

‘Why did the vice president change her mind? What made her change her mind is the 6.7 billion question,’ she added.

Castro was referring to the alleged amount of suspicious transactions that flowed through the bank accounts of Duterte and her husband, Mans Carpio, from 2006 to 2025, as flagged by the Anti-Money Laundering Council.

During the briefing, Castro also dismissed Duterte’s request for confidentiality regarding her approved travel authority, citing security concerns.

‘She is a public servant; she is not a private individual. She cannot hide things she wants to conceal. There are matters that the public needs to know because she is a public servant,’ Castro said in Filipino.

‘For example, amid the crisis in the Middle East and the billions-worth of issues currently involving the vice president and her husband, if you were asked, if you were the vice president, would it be appropriate to go on vacation? If what she wants is to take a vacation and go on a world tour to pursue her personal interests, considering that she does not have an ILBO (Immigration Lookout Bulletin Order) and there is also no precautionary hold departure order in place,’ she added.

When asked for a message to Duterte regarding her continued absence from congressional hearings on the impeachment complaints against her, Castro said there was no need for one.

‘She is already an adult. Second, she is the vice president and a public servant. She says she promotes accountability and transparency, so she should know what she needs to do and how to explain it to the public. Therefore, she does not need any message from the Palace,’ she said in Filipino.

Impeachment proceedings against Duterte continued on Wednesday. The House justice committee reviewed financial documents, including her statements of assets, liabilities, and net worth, tax filings, and business records, to examine allegations that she amassed wealth beyond her declared income.

She is also accused of misusing hundreds of millions of pesos in confidential funds from the Office of the Vice President and the Department of Education when she was its secretary.

Meralco customers to get bigger rebate

Customers of Manila Electric Co. (Meralco) can expect a bigger rebate as regulators ordered the swift implementation of P14.17-billion remaining refunds beginning May, as Filipinos reel from rising prices due to the Middle East war.

Based on a document posted on its website, the Energy Regulatory Commission (ERC) directed the Manuel V. Pangilinan-led firm to hasten the rollout of the remaining refunds out of the original amount of P19.96 billion.

This is part of an earlier order that declared July 2022 to December 2024 as a lapsed period.

The true-up calculation shows the gap between Meralco’s actual weighted average tariff and the regulator-approved rate for the period under review.

The refund program started a year ago, initially covering P5.8 billion at a rate of P0.1189 per kilowatt hour (kWh).

Now, the ERC has mandated a higher average refund rate of P0.2511 per kWh.

Residential customers, in particular, will see a reduction of P0.4278 per kWh.

Immediate relief

‘By expediting the refund, we are providing more immediate relief to Meralco consumers, particularly in the face of rising electricity costs driven by global and domestic factors,’ ERC chair and CEO Francis Saturnino Juan said in a statement on Wednesday.

‘The true-up mechanism is a safeguard embedded in our regulatory framework, ensuring that tariffs remain cost-reflective and reasonable at all times,’ he added.

The ERC said the remaining amount would be refunded over a shorter period of 12 months instead of the original 36 months.

According to the ERC, the refund will be under a separate line item in their power bills, allowing consumers to check the amount being returned to them.

In February, Meralco sought regulatory approval for a capital spending of P272 billion for a five-year period, or until 2030.

Rate reset

Under a rate reset process, a regulated entity such as Meralco must submit to the ERC its spending and proposed projects over a certain period, usually five years, unless extended by the regulator. This will then be the basis of the rate that will be passed on to consumers.

Meralco is the country’s biggest power distributor, delivering electricity to over 8.2 million consumers in Metro Manila and nearby provinces, including the municipalities of Sto. Tomas, Batangas City and San Pascual.

What the Upcat results don’t show

The results of the University of the Philippines College Admission Test (Upcat) are out. It isn’t just students who were anxious, but their families also waited with bated breath. Yesterday, families finally woke up to the news of whether their child can consider UP their new academic home. Out of 147,437 Upcat applicants, 18,350 or 12.44 percent were accepted or waitlisted, making it one of the most competitive universities in the country. After all, getting into UP means the opportunity to get quality education for zero tuition, a rare combination. With rising inflation and more economic uncertainty on the horizon, few families can opt to ignore a school’s price tag.

College admissions are already a stressful rite of passage for senior high students. Our uncertainty about our future, brought about by political and economic instability and a fast-evolving job market, has only served to increase the stakes of such milestone decisions as to which college to go to. Moreover, preparing for college is no longer just the student’s challenge; it has become the family’s cross to bear.

The day the results come out is the culmination of the years it took to get there. The student, of course, does the main work. They go through their schoolwork with the added pressure of knowing that their academic transcript can make or break their college application. This is also the student who went through the pandemic disruptions and the back-and-forth pivots to remote learning. They sacrifice social and recreation time to attend review classes to gain a competitive edge, just at the time when they should be relishing their friendships before they go their separate ways.

Parents do their parallel responsibility. They also sacrifice time and effort, best exemplified by the daily morning routine: getting kids ready for school. In the Philippines, this could mean as early as 5 a.m., depending on traffic and commuting conditions. The school drop-off is also a fast-becoming exercise in patience. Parents sacrifice on the big things as well. They save up money for years, perhaps decades, so that their child can afford as many quality choices for schools as they can get into. I know of parents who have strategized their career paths, such as working for an academic institution and gaining employee benefits or choosing a job that allows them the time to tutor their kids personally, based on what will help their children get into their school of choice.

All this emotional investment is based on a firm belief that college is a guarantee for a better life. Currently, however, a college degree has never felt more useless and at the same time more essential than now. A college degree alone no longer provides the financial security it once did. Even a diploma from the ‘big four’ universities no longer gets you in front of the line. Latin honors do not make a dent in hiring. And yet, gosh, go try looking for a job without a college degree. It is practically impossible to get one, even for jobs that do not seem to require college-level skills, such as being a server or a salesperson.

The increased stakes of our children’s education no longer begin at college. As I began looking into preschool for my child, I am disheartened to see exorbitant tuition, limited slots, and rigorous admissions testing, eerily similar to the college process. The stakes aren’t just higher; they have come for us earlier.

With such a stacked scenario, we have no choice but to follow where the pressure leads us. Every decision regarding our child’s education feels high-stakes. There is no room for error or mistakes. We need to optimize every decision and enroll them in the ‘best’ schools, even if it breaks the bank, ironically worsening our financial stability.

Unfortunately, we can pass this anxiety onto our children. They get anxious about their grades and their chances for college. They have a low tolerance for mistakes. They feel the need to be perfect to compensate for the extremely competitive environment. This can lead to them burning out and increasing their discomfort with the new and unfamiliar, making them less able to succeed in college, becoming a self-fulfilling prophecy.

Increased uncertainty about our future can push us into an all-or-nothing mindset. For example, some families abide by ‘UP or bust.’ When the stakes feel overwhelmingly high, it is good to remember that not all decisions are as final as they feel. There are multiple routes to a desired outcome. It can be through the Upcat, via transferring, via another school, or via another path entirely. And all those choices can lead to good things.

As parents, we can share in this moment with our children and help them decide how much weight they should put into the results, whether accepted or not. We can be with them as they go through uncertainty and help them feel confident in their choices, even when no guarantees are offered. There is so much more to gain in college admissions letters than just the results.

Globe buys back $426M perpetual securities

Globe Telecom Inc. bought back $426.42 million worth of its dollar-denominated perpetual capital securities following its tender offer, which formed part of its liability management program.

In a disclosure on Thursday, the Ayala-backed telco said the accepted tenders represented majority of the $600 million senior perpetual capital securities issued in 2021.

After the offer expired on April 22, about $173.58 million in principal amount of the securities would remain outstanding, Globe said.

Settlement of the accepted securities is expected by April 24.

This buyback comes as the company moves closer to redeeming the remaining balance of equity instruments, which carry an initial distribution rate of 4.2 percent.

P3.4-M drugs seized, 4 arrested in Quezon City, Pasay drug stings

Suspected drugs worth a total of P3.4 million were confiscated, and four individuals were arrested in buy-bust operations in Quezon City and Pasay City on Wednesday night and early Thursday morning.

In a statement on Thursday, the Quezon City Police District (QCPD) said it entrapped two suspects in front of a restaurant at the corner of Tomas Morato Avenue and Scout Limbaga Street on Wednesday night.

‘A police officer acted as poseur buyer and bought P451,000 worth of shabu from suspect Ronnie, and at the given pre-arranged signal, he was arrested along with his cohort, [John],’ the police explained.

Operatives recovered an additional P913,538 worth of suspected shabu from the two suspects, according to the QCPD.

Police said the suspect, identified by the alias Ronnie, has a previous case for violating Presidential Decree No. 1602, which prescribes stiffer penalties for illegal gambling.

Meanwhile, the Southern Police District (SPD) said it had apprehended two more suspects in front of a fast-food restaurant at the corner of Libertad Avenue and Taft Avenue in Barangay 92 early Thursday morning.

The SPD identified the suspects by the aliases ‘Chong,’ 33; and ‘John,’ 26, noting that they were both ‘high-value’ individuals.

‘Seized during the operation were approximately 300 grams of suspected shabu with an estimated standard drug price value of P2,040,000, along with buy-bust money, a mobile phone and other drug paraphernalia,’ the police explained.

All four suspects were taken into their respective police’s custody, awaiting charges for violating Republic Act No. 9165 or the Dangerous Drugs Act.

Angelica Panganiban warns vs scam using name, photos of her business

Angelica Panganiban has warned the public against an online scam using the name and photos of her business resort.

In an Instagram post on Wednesday, April 22, Panganiban informed her followers about a fake Facebook page posing as her business, Mangrove Resort Subic.

‘SCAM ALERT – PLEASE READ and SHARE. We have been informed of a fake Facebook page pretending to be Mangrove Resort Subic and illegally using our name and photos to scam guests,’ she wrote.

The actress stressed that her resort does not process transactions through unofficial channels.

‘We DO NOT accept payments through unofficial pages. We ONLY have ONE official Facebook page. Any similar pages are FAKE and NOT affiliated with us!’ she added.

Panganiban urged the public to remain cautious when dealing with suspicious online transactions.

‘DO NOT send payments, personal details, or booking information to any suspicious page. DO NOT click unknown links or entertain offers that seem too good to be true. Always verify by contacting us through our official page or direct contact details,’ she said.

The post included an official statement from Uy Coronel and Villamor Law Offices, which was hired by the actress as they plan to coordinate with authorities to address the issue.

‘If you have been contacted or victimized, please report immediately and inform us. We are currently working with authorities regarding this matter. Stay alert and help us protect others by sharing this post,’ Panginiban noted.

According to the law firm, the fraudulent page has been actively responding to inquiries and accepting payments without the resort’s knowledge or consent, with reports that several individuals have already been scammed.

Meanwhile, Panginiban has been generating online buzz following her daring role opposite Mylene Dizon, in which they play lesbian lovers in the Prime Video’s new series ‘The Silent Noise.’