Domestic air fares set for hike

New Delhi: Domestic air travel will cost more in the coming days.
Jet Airways in a statement to travel agents said that domestic fares were being revised, effective from September 6. An airline spokesperson said that the average increase would work out to around Rs 200 per sector.
The increase in fares of Indian would range from Rs 45 to Rs 400.
A Kingfisher Airlines spokesman, however, said that the airline was not raising fares.
SpiceJet, while refusing to term the increase as a fare hike, said that it follows a dynamic pricing policy that automatically helps the airline adjust fares when demand is high. IndiGo, would take a decision on fares after evaluating demand on individual routes.
The rising cost of aviation turbine fuel, which accounts for between 30 and 35 per cent of the operating cost, is the primary reason for the fare increase, airline officials said.
07/09/07 Business Line

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Categories: General Aviation Sep 2007