Air fares to go up from midnight
Major carriers are hiking fuel surcharge on tickets from Rs 500 to Rs 650 on account of increase in jet fuel prices.india Updated: Aug 07, 2006 20:50 IST
Domestic airfares would go up once again across the board from Monday night with major carriers raising fuel surcharge on tickets from Rs 500 to Rs 650 on account of increase in jet fuel prices.
Low-cost carriers Air Deccan and SpiceJet became the latest airlines to announce an increase in air surcharge with an increase of Rs 150 over the existing amount of Rs 500. The carriers attributed the increase, to be effective on Monday night, to the rising aviation turbine fuel (ATF) costs.
Earlier last week, public sector Indian and private carriers Jet Airways and Air Sahara have announced a hike of Rs 150 on all types of fares in all classes and on all domestic routes.
The surcharge would not be applicable on sale of tickets made on or before August 7, but would be applicable if tickets are presented for any voluntary change on or after August 8, they said.
For tickets purchased outside India, a surcharge of $14 would be applicable on domestic travel in India.
This is the second consecutive revision in fuel surcharge in the last two months due to the hike in aviation turbine fuel rates when it was raised from Rs 300 to Rs 500. In the last three years, the fares have gone up five times.
For the fifth month in a row, public sector oil firms raised jet fuel prices in step with rising international crude oil cost. ATF prices in Delhi in March 2006 was Rs 34,995.36 per kilolitre, which went up to Rs 35,826.36 in April, Rs 39,642.24 in May, Rs 40,408.02 in June and Rs 41,303.58 per kilolitre in July.
ATF price for domestic airlines in Delhi is now Rs 42,367.51 per kilolitre. In Mumbai, it was Rs 43,826.43.