Saturday, December 02, 2006

ATF price fall not to impact airline fares

New Delhi: As the aviation turbine fuel prices are set to decline for the third month in a row, no relief seems likely for the passengers as the air carriers are in no mood for immediate reduction in the fuel surcharge.
The ticket prices are set to rise for the second time in a month (in view of the December-January peak travel season the prices were raised on November 16) as from tomorrow the passengers will have to shell out Rs 150 more as congestion surcharge.
The ATF prices have fallen for the fourth time in 2006.
The airlines are however of the view that since the fuel surcharge was levied only after very steep hike in prices, the industry will only consider a cut in surcharge if the prices continue to show a downward trend in the next two-three months. The ATF prices saw an increase of 22.8% .
02/12/06 Atreyee Dev Roy/Financial Express
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