Jet sees air fares rising

Air fares across the aviation sector are likely to go up in line with the rise in oil prices, Jet Airways' chief financial officer Carl Saldanha has said. "As the government increases fuel surcharge, airlines will pass it on to passengers, thus raising the prices of tickets," he said here on Wednesday.
"The Diwali season is the peak season and we don't know exactly when we will increase fares. It will depend on when the government imposes surcharge on us and we pass it further on to the passengers," he said.
Jet is also looking at new destinations like Nairobi, Johannesburg and other Middle East routes.
18/10/07 Nirmal John/DNA Money/Sify

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Categories: Jet Airways Oct 2007