Mega Manila Bus Operators Request P2 Fare Increase Amid Diesel Price Surge
Bus operators in the Mega Manila region have formally requested a provisional fare increase of P2, citing the anticipated rise in diesel prices as the primary driver. This move comes as operators grapple with escalating operational costs that threaten the sustainability of public transportation services.
Details of the Proposed Fare Adjustment
According to Juliet De Jesus of the Mega Manila Consortium Corporation (MMCC), if approved, the current fare of P15 would increase to P17, while the P13 fare would rise to P15. De Jesus emphasized that this adjustment is necessary to offset the financial strain caused by the soaring cost of diesel, which directly impacts fuel expenses for bus fleets.
Potential Service Reductions and Broader Impacts
In a stark warning, De Jesus indicated that if diesel prices continue to climb unabated, bus operators may be forced to reduce the number of operational vehicles. This could lead to decreased service frequency and longer wait times for commuters, exacerbating transportation challenges in the densely populated region.
Response from Ride-Hailing Companies and Government
Simultaneously, ride-hailing company JoyRide is closely monitoring global oil prices and evaluating measures to mitigate effects on both drivers and passengers. On the government front, the Department of Transportation (DOTr) has stated it will thoroughly review the fare hike request. Additionally, the DOTr plans to seek a Special Allotment Release Order (SARO) from the Department of Budget and Management to fund a service contracting program and provide fuel subsidies for Public Utility Vehicle drivers, aiming to support the sector during this period of economic pressure.
