Bus bares from Cagayan de Oro City to Iligan City and vice versa is now reduced after the Land Transportation and Franchising and Regulatory Board (LTFRB) dismissed the oppostion of Super 5 Transport c/o Paul Padayhag on the Petition for Fare Rate Reduction by Rural Transit (Mindanao) Inc. for its CDO-Iligan City route and vice versa.
The LTFRB decision was published in yesterday’s issue of a local daily. Below is the scanned copy of the decision portion wherein bus fares for the route are now reduced EFFECTIVE IMMEDIATELY from P145 to P85 for aircon Public Utility Buses (PUB) and from P120 to P70 for ordinary PUBs. Click image below for larger view.
Below is the full decision by LTFRB. Click for larger view.
The bottom part of the decision shows a main purpose of the petition was the crisis resulting from devastation by Sendong.
This is good for the riding public….