Jet Airways to take a call on raising fares

Jet Airways to take a call on raising fares
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First Published: Tue, Jun 16 2009. 10 06 PM IST
Updated: Tue, Jun 16 2009. 10 06 PM IST
Mumbai: Jet Airways (India) Ltd will take a call on hiking air fares in due course after state-owned oil firms on Monday hiked air turbine fuel rates by around 12% because of the increase in crude oil prices, executive director Saroj Datta said. In the past two months, the Indian crude oil basket has risen at least $20 to $70.96 a barrel.
“We will monitor the situation and evaluate the impact of the ATF price increases and take a call in the due course,” Datta said.
SpiceJet Ltd and Kingfisher Airlines Ltd are also evaluating the impact of the ATF price increases.
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First Published: Tue, Jun 16 2009. 10 06 PM IST