Jeepneys to cut fares by P.50 starting Feb. 10

SOME 40,000 jeepneys in Metro Manila will cut fares by 50 centavos from Feb. 10 to 17 to offer the public some form of relief amid increasing commodity prices, according to transport groups and the Land Transportation Franchising and Regulatory Board (LTFRB).

From Friday this week to Friday next week, commuters will only pay a minimum jeepney fare of P7 instead of P7.50.
The temporary fare cut is a special feature in the celebration of the first-ever Jeepney Week in Metro Manila.

The 50-centavo fare cut may become permanent in March if diesel prices stabilize at about P32 a liter, said LTFRB Chair Maria Elena Bautista.

But jeepney groups said that if diesel prices hit P35 a liter, they may ask for a P1 to P1.50 increase in minimum fares.