Jet Airways to hike fares by 10-15 pc | india | Hindustan Times
Today in New Delhi, India
Dec 11, 2017-Monday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Jet Airways to hike fares by 10-15 pc

Jet Airways said on Friday that it will raise fares by 10-15 per cent as early as this month to offset rising jet fuel prices -- a decision that possibly stems from confidence about returning passenger demand.

india Updated: Apr 09, 2010 16:07 IST

Jet Airways said on Friday that it will raise fares by 10-15 per cent as early as this month to offset rising jet fuel prices -- a decision that possibly stems from confidence about returning passenger demand.

Fares are set to rise by 10-15 per cent in April-June over January-March period, Jet Airways Vice-President (revenue management) Shiv Kumar said.

Jet fuel (ATF) prices have been on the rise on the back of crude nearly doubling from last year's level to trade at $86 a barrell level now.

Kumar, who said crude prices are a concern, added that volumes were seen rising, particularly on domestic routes --which may be influencing the pricing decision.