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.

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.

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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.