Air India, SpiceJet hike airfaresJune 19th, 2008 - 10:38 pm ICT by IANS
Mumbai, June 19 (IANS) State-owned Air India and budget airline SpiceJet have announced a hike in fares by at least Rs.300 per ticket, effective Thursday midnight, following a revision in the cost of aviation turbine fuel (ATF). Air India decided to hike the minimum fares to Rs.1,000 for routes up to 750 km late Thursday evening. For distances between 750-1,000 km, the hike will be Rs.2,250, and for over 1,000 km the rise will be Rs.1,000.
New Delhi-based SpiceJet will also increase the fuel surcharge by Rs.300 on routes up to 750 km and Rs.550 on routes beyond 750 km, confirmed the airline spokesperson.
Earlier this month, Air India, Jet Airways, Kingfisher Airlines and Deccan hiked the fuel surcharge by Rs.300-550, whereas SpiceJet increased the base fares.
After a revision earlier this month, ATF in Mumbai costs Rs.71,759.06 per kilolitre, up from Rs.60,468.28, According to Indian Oil Corporation Limited (IOCL) figures. In New Delhi, ATF costs Rs.69,227.08 against Rs.58,387.92.
With spiralling global oil prices, the airlines have hiked fuel surcharge six times during the past six months, passing on the additional burden to the passenger.
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- Air India yet to decide on direct ATF import: Ajit Singh - Aug 28, 2012
- Oil firms increase jet fuel price by 3.70 percent - Nov 30, 2011
- Oil firms cut jet fuel prices by 1.38 percent (Lead) - Dec 15, 2011
- SpiceJet allowed to directly import ATF - Apr 18, 2012
- Air India to import jet fuel directly - Jun 07, 2012
- Airlines hike fuel surcharge (Lead) - Jun 02, 2008
- SpiceJet to offer Rs.777 fare on its routes - May 22, 2012
- SpiceJet raises fuel surcharge by Rs.400 - Jun 18, 2009
- Jet Airways hikes fuel surcharge - Jun 02, 2008
- Airlines cannot fix minimum fares: official - Jul 03, 2008
- Jet, Kingfisher increase fares by Rs.400 (Lead) - Jun 17, 2009
- Airlines propose huge hike in ticket prices - Dec 03, 2010
- High taxes reason behind rising jet fuel: Ravi - Nov 30, 2011
- Air India, SpiceJet raise fuel surcharge by Rs.400 (Lead) - Jun 18, 2009
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