On the heels of private airlines Kingfisher and Jet Airways revising fares, flag carrier Air India on Friday said it too would hike fares with immediate effect, but did not specify the quantum of increase.
Kingfisher and Jet had yesterday announced their decision to hike fares after state-run oil companies increased Aviation Turbine Fuel (ATF) prices by 2.8 per cent on the back of a surge in international oil prices.
"We have taken a decision to hike our air fares," a senior Air India official told PTI in Mumbai on Friday.
He said the quantum of the hike "will be announced shortly."
Jet Airways, Kingfisher and Deccan's fare-increases come into effect from Friday.
While Kingfisher Airlines and Deccan hiked base fares by 10 per cent across the board, Jet Airways effected a 10 per cent increase in its economy class fares and a five per cent increase in its business-class fares on domestic routes.
Other airlines such as IndiGo, GoAir and SpiceJet have so far spared their passengers from a similar hike.