Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Domestic air travelling to cost more from 21 June
BackBack

Domestic air travelling to cost more from 21 June

Domestic air travelling to cost more from 21 June

Premium

PTI

New Delhi/Mumbai: Starting from tomorrow, domestic air travel will be dearer by 10-15% as major airlines, including national carrier Air India, announced an increase in base fares.

Sources in the aviation industry said the new fares for Jet Airways, Air India and Kingfisher would come into effect from tomorrow.

The low-cost carriers have also announced an increase in fares, ranging from 300 to 500, they added.

An Air India spokesperson said the minimum slab of fares has been fixed keeping in view distance and that the increase varies from sector to sector.

“The percentage of hike will vary from sector to sector and distance as well," he said.

According to sources, the base fares for journey of up to 750 kilometres would be charged a minimum of 1,000, while travelling more than 750 kilometre but less than 1,000 kilometres would have a base fare of 2,250.

Flying beyond 1,000 kilometres will have a base fare of 3,000.

However, budget carrier SpiceJet said it was hiking its fuel surcharge in the range of 300- 500.

“We were expecting the state governments to lower sales tax after our meeting with the Finance Minister early this month. However, nothing has moved so far. We are left with no option but to raise the fuel surcharge," SpiceJet’s Chief Operating Officer Samyukta Sridharan told PTI.

Vijay Mallya-owned Kingfisher Airlines is also in the process of reviewing its fares and a decision could be expected very soon, its spokesperson said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 19 Jun 2008, 09:35 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie