SpiceJet raises fuel surcharge by Rs.400

June 18th, 2009 - 4:47 pm ICT by IANS  

Mumbai, June 18 (IANS) Low-cost carrier SpiceJet Thursday hiked its fuel surcharge by Rs.400 following a recent hike in aviation turbine fuel (ATF) rates.

“We have increased fuel surcharge by Rs.400 on our flights with immediate effect,” Samyukta Shreedharan, SpiceJet chief operating officer, told reporters here.

SpiceJet’s decision comes two days after leading private carriers Jet Airways and Kingfisher Airlines announced hike in their fuel surcharge.

Both airlines raised fares by Rs.400 from Tuesday on all domestic sectors.

“The increase was necessitated by sharp increase in ATF prices by 33 percent since March 2009,” Jet said in a statement Wednesday morning.

National carrier Air India said it has not yet decided on a fare hike.

State-run oil firms hiked fuel prices by 12 percent Monday, the sixth increase since March 16. ATF now costs Rs.36,252 per kilolitre in Delhi, an increase of Rs.3,949. In Mumbai, it costs Rs.37,367 per kilolitre as compared to Rs.33,260 earlier.

Related Stories

Tags: , , , , , , , , , , , , , , , , , , ,

Posted in Business |