Fliers spared as airlines bear ATF hike

New Delhi: Airline passengers braving the fog over the last few days may be spared of a fare hike with most Indian carriers opting to wait and watch despite the hike in aviation turbine fuel (ATF) prices by over 4% this month. The only exception, however, could be Air Deccan which is planning a hike in fuel surcharge by about Rs 50 to Rs 150.
Public sector oil firms — IOC, Bharat Petroleum and Hindustan Petroleum — raised ATF price by over 4% effective from January 1. ATF or jet fuel prices have increased this month after a consecutive fall in the previous three months, which was in line with the trend in international oil prices.
While most low cost carriers such as IndiGo, SpiceJet and GoAir said they will not increase the fares, Air Deccan is contemplating a raise in the fuel surcharge.
Most full-service carriers — such as Jet Airways, Air Sahara and Air India — are also adopting a wait-and-watch policy before going in for any upward revision in fares.
05/01/07 Sunny Verma/Economic Times

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