Taipei, Oct. 5 (CNA) The Civil Aeronautics Administration (CAA) has approved a cut in airline fuel surcharges in response to lower international crude oil prices that will take effect in the coming days.

Fuel surcharges on tickets booked beginning on Friday will be cut on short-haul flights by US$5 per leg to US$25 and on long-haul flights by US$13 per leg to US$65, the CAA said.

That will bring round-trip airfares down by US$10 (about NT$316) for short-haul flights and US$26 (NT$822) for long-haul flights just as Taiwan prepares to open its borders on Oct. 13.

In July 2004, the CAA agreed that Taiwan-based carriers could impose fuel surcharges in addition to the cost of airfare to reflect changing costs of jet fuel, based on a floating crude oil price formula published by CPC Corp., Taiwan every month.