Mactan-Cebu airport warns surging jet fuel costs could hit travel demand by June
Mactan-Cebu International Airport (MCIA), operated by Aboitiz InfraCapital Cebu Airport Corp. (ACAC), has warned that prolonged geopolitical tensions in the Middle East leading to higher global oil and jet fuel prices could potentially weigh on travel demand and its operations by early June.
In a statement on Tuesday, April 21, MCIA said it recently convened hotel executives and tourism stakeholders for a strategic dialogue aimed at addressing the potential impact of the ongoing Middle East crisis on Cebu province’s tourism industry. The discussions focused on scenario planning, coordinated response measures, and identifying opportunities to strengthen market resilience.
MCIA said rising global jet fuel prices remain a key concern, noting that sustained increases could translate into higher airfares and reduced passenger traffic. The airport operator said the industry is preparing for possible demand pressures if global energy conditions remain elevated.
While MCIA reported a strong first-quarter performance, ACAC said a continued escalation in global fuel prices and geopolitical tensions could begin to affect travel demand starting in June.
“The aviation and tourism sectors are deeply intertwined. When global headwinds like surging jet fuel costs put pressure on our airline partners, our industry inevitably feels the impact,” said Athanasios Titonis, chief executive officer (CEO) of Aboitiz InfraCapital Operating Airports.
MCIA said the initiative underscores efforts to coordinate across the tourism value chain, ensuring that airport-level planning supports broader regional tourism resilience.
The airport operator also said it is pursuing expansion into new international markets, with ongoing discussions aimed at improving direct connectivity between Cebu and emerging destinations.
MCIA added that it continues to position itself as a key economic driver for the region through closer engagement with tourism stakeholders.
Similar industry dialogues are planned for Aboitiz InfraCapital’s other airport assets, including Laguindingan International Airport in Misamis Oriental province and Bohol-Panglao International Airport in Bohol province, to strengthen preparedness and coordination across gateways.