Kolkata: With a slash in Air Turbine fuel (ATF) prices, most Airlines that had withdrawn flights from various sectors in July citing less passenger traffic have resumed their services.
The ATF contributes nearly 40 per cent of airlines’ operating costs. The current reduction in its prices comes after two straight hikes during July and August. Domestic carriers are expected to lose $2 billion in the current financial year mainly on account of soaring fuel prices.
For consumers, however, it is not celebration time yet. Leading domestic airlines, including national carrier Air India, have ruled out any revision in fares at the moment.
Air India that had temporarily withdrawn its flight to Bagdogra has already resumed the service from September. It also plans to operate its daily flight to Port Blair after September 30.
29/08/09 Mouparna-Bandyopadhyay/Indian Express
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Monday, September 29, 2008
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Flights resume with unchanged fares
Monday, September 29, 2008
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