Airfares set to go up across the board

New Delhi: Domestic airlines are set to increase fuel surcharge by Rs 50 in July to counter rising jet fuel price. This will take the total fuel bill in an air ticket to Rs 950.
"We have decided to up fuel surcharge by Rs 50 from July 3," Jet Airway CEO Wolfgang Prock-Schauer told ET.
Both Kingfisher and Air Deccan are also upping their fuel surcharge by similar amount from July 4. "We will take a call over the next few days," said a spokesperson of low-cost carrier SpiceJet. Senior executives of other airlines also indicated that there may be a marginal hike in fuel surcharge. Airlines had effected a hike in fuel surcharge in May this year by Rs 150 to Rs 900.
With effect from July 1, ATF prices in Delhi were increased to Rs 37,799.54 per kilo litre from Rs 36,746.53 per kilo litre. In Mumbai, the prices went up by Rs 1,088.56 per kilo to Rs 39,062.46 per kilo litre.
02/07/07 Economic Times

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Categories: General Aviation Jul 2007