Saturday, August 04, 2007

Your flight just got costlier

Mumbai: Domestic airfares will go up by Rs 150 a ticket from Monday, August 6, as several airlines on Friday decided to levy additional fuel surcharge following the increase in ATF prices by oil companies. Including this, the total fuel surcharge works out to Rs 1,100.
Jet Airways was the first to take a decision. “Today we decided to increase fuel surcharge by Rs 150 and this will be effective from Monday,” said Jet Airways CEO Wolfgang Prock-Schauer.
Indian Airlines also announced a similar hike.
“Tomorrow we will announce the hike,” said SpiceJet director Ajay Singh.
Following the market leaders, Paramount Airways, the all-business class operator in South India, revised its earlier decision to increase fuel surcharge from Rs 100 to Rs 150.
Once Jet has decided to increase the surcharge, fares in JetLite, its subsidiary, will also go up.
The other leading player, the Kingfisher Airlines and Air Deccan combine, is yet to announce its decision.
04/08/07 Lalatendu Mishra/Hindustan Times
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