Jet Airways, Kingfisher increase fuel surcharge

Jet Airways, Kingfisher increase fuel surcharge
PTI
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First Published: Wed, Jun 17 2009. 11 17 PM IST

Expensive fares: A Jet Airways aircraft at New Delhi airport. The airline says a fare hike had become necessary. Ramesh Pathania / Mint
Expensive fares: A Jet Airways aircraft at New Delhi airport. The airline says a fare hike had become necessary. Ramesh Pathania / Mint
Updated: Wed, Jun 17 2009. 11 17 PM IST
Mumbai / New Delhi: Air tickets will cost more with Jet Airways (India) Ltd and Kingfisher Airlines Ltd increasing the fuel surcharge by Rs400 each on all domestic sectors from Wednesday, attempting to counter a steep increase in the price of jet fuel. Other airlines are likely to follow suit.
Expensive fares: A Jet Airways aircraft at New Delhi airport. The airline says a fare hike had become necessary. Ramesh Pathania / Mint
Jet Airways said the increased surcharge, which would now stand at Rs3,400 per ticket, would be applicable on tickets of the full-service carrier as well as its two low-fare subsidiaries, JetLite and Jet Airways Konnect.
“Jet Airways has decided to increase its fuel surcharge by Rs400 on all domestic sectors with effect from tickets purchased starting June 17,” an airline spokesperson said.
The increase was necessitated by a 33% rise in the price of jet fuel since March this year, a Jet Airways spokesman said. On 15 June, state-run oil firms increased the price by 12%.
“Consequent upon successive increases in the price of ATF (aviation turbine fuel, or jet fuel), the fuel surcharge for travel on all domestic sectors of Kingfisher Airlines will be increased by Rs400 with effect from today,” a Kingfisher Airlines spokesperson said.
The increase would apply uniformly for travel across all distances and all classes of travel, including Kingfisher Red, the spokesperson said.
When contacted, an Air India spokesperson said, “We are also seriously contemplating an upward revision in fuel surcharge in view of the continuous increase in ATF prices.”
He said the national carrier would be able to take a decision “in a couple of days”. Air India currently levies a fuel surcharge of Rs1,950 and Rs2,700 on air tickets up to and beyond 750km, respectively.
No-frills carriers IndiGo, SpiceJet and GoAir are yet to take a decision, officials at the three airlines said. These carriers currently charge Rs2,000 as a fuel surcharge.
International crude oil prices have firmed to a seven-month high of $72 (around Rs3,440) per barrel on hopes of a revival in US demand.
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First Published: Wed, Jun 17 2009. 11 17 PM IST
More Topics: Aviation | Jet Airways | ATF | Fuel surcharge | JetLite |