Saturday, May 3, 2008

NEWS| Air travel set to become costlier

Domestic air travel is all set to become dearer. With the crude oil prices touching $120 a barrel and Aviation Turbine Fuel (ATF) prices shooting up, airlines have announced that the fuel surcharge per ticket will increase by Rs.150 for short-haul flights and by Rs.350 for long-haul flights.

India’s largest private airlines, Jet Airways, and the no-frills airline SpiceJet have already announced the hike in fuel surcharge. Public sector carrier Air India is also mulling over a hike in fuel surcharge.

Industry sources have said that air fares are also likely to shoot up by 10 per cent and hinted at a similar increase in fuel surcharge on international sectors as well.
While SpiceJet has increased the fuel surcharge from Thursday, Jet Airways will raise the surcharge from May 3 with a passenger coughing up Rs.1,950 for flights up to 750 km and Rs.2,350 for longer distance flights.

Vinay Kumar/The Hindu

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