New Delhi: Rising oil prices led several domestic and international airlines to levy a surcharge from Monday with cost of air turbine fuel (ATF) going up by over 8.6 per cent.
ATF prices have been raised between Rs 3,100 and Rs 3,700 per kilolitre. The hike for domestic airlines is inclusive of excise duty and sales tax. For international airlines, which do not pay local levies, the hike will be between 54 to 58 dollars per kilolitre. Earlier on April 1, the oil firms had raised ATF price by Rs 831 to Rs 1,015 per kilolitre.
Jet Airways, the country's largest domestic airline, has already started to levy a fuel surcharge of Rs 300 on all domestic fares. Other airlines, including low-cost Air Deccan, Kingfisher and GoAir have also increased total fare due to applicable fuel surcharge.
The government-owned Indian is yet to firm up its plans. Jet fuel accounts for almost 35 per cent of the operating cost of domestic airlines.
Air India said it may also have to increase the fuel surcharge.
02/04/06 Zee News
To Read the News in full at Source, Click the Headline
Tuesday, May 02, 2006
Home »
» Airlines jack up fuel surcharge due to rising oil prices
Airlines jack up fuel surcharge due to rising oil prices
Tuesday, May 02, 2006
Related Posts:
Number of domestic flyers up 21% in Jan-MarIn what may come as a relief for airline companies, the number of domestic air travellers between January and March showed a healthy increase over the… Read More
SC lifts stay, 22 acres to be acquired for Pune airport runwayPune: The Supreme Court on Wednesday cleared the way for an additional runway at the Lohegaon International Airport, which is also an Indian Air Force… Read More
Fleet insurance plans may not cover losses from cancellationsMumbai: Airlines are discovering that their fleet insurance packages are insufficient to cover them from losses arising out of flight cancellations. B… Read More
AAI to start work when the other end of the main runway at Chennai is in useChennai: Works to link the parallel taxiway of the secondary runway to the main one at the Chennai airport are expected to be delayed as the Airports … Read More
AI flight in emergency landingNew Delhi: A Guwahati-bound Air India aircraft, with 73 persons on board, had to return to the national capital and land at Indira Gandhi Internationa… Read More
0 comments:
Post a Comment