New Delhi: Like driving, flying is all set to get more expensive due to rising fuel prices. Low cost carrier IndiGo has hiked fares of short distance flights (less than 1,000 km) by Rs 200 and longer flights within the country by Rs 400 from Wednesday. India's largest domestic airline will do so by reintroducing fuel surcharges. However, people who have booked IndiGo's tickets in advance will not need to pay this extra amount. This will be applicable only for new bookings for travel from and after Wednesday. So a Delhi-Mumbai-Delhi ticket will cost Rs 800 more while a Delhi-Jaipur-Delhi will cost Rs 400 more (GST extra).
While most other airlines did not comment on whether they too will hike fares, higher jet fuel prices have impacted all of them and they are likely to do the same. Vistara said it does not have a separate fuel surcharge and adjusts "fares as required based on market conditions."
Aviation turbine fuel (ATF) prices have risen by almost 25 per cent since January 2017 to this month in the main aviation hubs of Delhi and Mumbai. Since jet fuel accounts for almost 40 per cent of an airline's operating cost, this hike has led to a sharp increase in costs. In addition, the weakening of the rupee has meant airlines' costs fixed in dollar terms like aircraft lease rentals have also gone up.
29/05/18 Saurabh Sinha/Times of India
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While most other airlines did not comment on whether they too will hike fares, higher jet fuel prices have impacted all of them and they are likely to do the same. Vistara said it does not have a separate fuel surcharge and adjusts "fares as required based on market conditions."
Aviation turbine fuel (ATF) prices have risen by almost 25 per cent since January 2017 to this month in the main aviation hubs of Delhi and Mumbai. Since jet fuel accounts for almost 40 per cent of an airline's operating cost, this hike has led to a sharp increase in costs. In addition, the weakening of the rupee has meant airlines' costs fixed in dollar terms like aircraft lease rentals have also gone up.
29/05/18 Saurabh Sinha/Times of India
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