LTFRB holds public consultations on proposed fare hikes

The Land Transportation Franchising and Regulatory Board (LTFRB) started holding at the LTFRB Central Office in Quezon City on Wednesday, Nov. 12, public consultations with transport groups and other stakeholders, which have sought fare increases, amid the string of fuel rate increases imposed by energy companies.

- By AARON RECUENCO

Based on the LTFRB data, at least five major transport groups filed a petition for fare increase as high as P5 increase in the first four kilometers, or minimum fare, in 2023 and at least P1 for every succeeding kilometer.

Since 2024, several transport groups covering passenger buses and taxis also filed petitions for fare increase, citing the hardships of coping with the meager income for PUVs against the rising fuel price, maintenance and other operational costs.