Aviation fuel rate hike to make air travel costlier by 10-14%

New Delhi: Yesterday's hike in aviation turbine fuel (ATF) prices is likely to lead to a 10-14 per cent increase in fares on metro routes and long-haul flights.
The oil companies hiked ATF prices by 14 per cent as a result of global rise in crude oil prices over the last few months.
Now, most airlines, including Jet Airways and SpiceJet, are looking at imposing a differential surcharge - a smaller increase on shorter routes than longer routes.
Sources say routes such as Delhi-Mumbai, Mumbai-Bangalore and Kolkata-Chennai may see a Rs 350 hike in surcharge. The present rate is Rs 1,650. On short flights like Mumbai-Pune and Delhi-Jaipur, the increase will be only Rs 150, sources say.
"We are going to levy a differential surcharge from April 7. The surcharge will be in place for our summer schedule tickets," said KG Vishwanath, general manager, MIS and Investor Relations, Jet Airways.
02/04/08 Business Standard

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Categories: Indian Aviation- In General Apr 2008