Friday, August 21, 2020

Air fare set to increase as govt hikes airport security fee for domestic, intl flights

Flyers would be required to shell-out a bit more for air travel, as security fee for both domestic and international travel will be raised. From September 1, domestic passengers will have to pay Rs 160 instead of Rs 150 while international passengers will have to pay $4.85, against the foreign currency, instead of $3.25, each time they buy a ticket, sources said.
Last year too, the Civil Aviation Ministry had raised the fee from Rs 130 per embarking passenger for tickets issued against Indian currency and $3.25 per embarking passenger for tickets issued against foreign currency.
The security fee is something that airlines collect from passengers as part of the ticket booking and is then paid to the government. This fee is used to maintain security arrangements at airports.
The rise is expected to add marginal pressure on the industry which is already reeling under the impact of Covid-19 induced slowdown.

Even though flights have been operational for nearly three months now, in July, the passenger traffic was down 82.3% as compared to the same month last year. The occupancy rate or load factor for five out of six major Indian airlines was between 50% and 60% in June, it stated.

The occupancy rate in SpiceJet was 70% in July this year, while it was 60.2% for IndiGo, 50.5% for GoAir, 53.1% for Vistara, 56.2% AirAsia India and 45.5% for Air India, according to the DGCA.
21/08/20 IANS/News Minute
To Read the News in full at Source, Click the Headline


Post a Comment