Sunday, August 23, 2015

Air Force fuel bill soaring, says COA

From The Standard (Aug 24): Air Force fuel bill soaring, says COA

The  Philippine Air Force in 2014  incurred a fuel  bill that for the first time exceeded the billion-peso mark, according to the Commission on Audit.

CoA’s latest expense report said  the Air Force spent P1,011,460,009.91 last year, which  was up by 12.88 percent from P896.08 million in 2013.

 “This is the first time that  PAF exceeded the billion-peso mark in its ‘fuel, oil, and lubricants (FOL) expenses’ although it came close in 2012 when it spent P922,692,000 for the same item previously listed in audit as ‘gas, oil, and lubricants (GOL)’,”  the COA report stated.

PAF helicopters prepare to embark on a mission

The PAF’s 2014 FOL cost was the highest among the three branches of service in the military with the Philippine Navy coming in second at P878,358,228.62, followed by the Philippine Army at P425,739,893.95.

The Air Force, Army and Navy spent a combined total of P2.316 billion, CoA said.
With the delivery of additional aircraft and acquisition of more naval transport and patrol vessels in 2015 and 2016, the figure could go   higher,  sources said.

In 2012, Philippine Navy topped the billion-peso mark at P1.292 billion on GOL for that year.

Also in that same year, the three branches    posted the biggest total expenditure on GOL.

Based on CoA’s figures, the Air Force had the biggest fuel bill in the last three years of  P2.83 billion, followed closely by the Navy with P2.758 billion, and the Army with P1.467 billion. 

http://manilastandardtoday.com/2015/08/24/air-force-fuel-bill-soaring-says-coa/

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