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No jeepney fare hike despite fuel price increase—LTFRB

Posted by Michille on April 30th, 2007

By Jefferson Antiporda, Reporter

THE Land Transportation Franchising and Regulatory Board assured the public that there will be no jeepney fare increase just yet despite the recent increase in oil prices, adding that the P7 minimum fare will stay.

LTFRB Chairman Thomson Lantion said he has not received any petition for a fare increase which means the operation of public transport sector is not affected by recent hike in oil prices.

“There is no petition yet… but we will immediately act on it once transport groups file the necessary request for a fare increase,” Lantion said.

THE MANILA TIMES!

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