Jet Airways raises airfares

Jet Airways raises airfares

New Delhi: With jet fuel prices hiked by 2.5%, Jet Airways on Friday increased fuel surcharge on its tickets by 200 with effect from Saturday, raising airfares.

Other airlines like Kingfisher and Air India are yet to take a decision in the matter, their officials said.

Aviation Turbine Fuel (ATF) price at Delhi’s T3 airport was hiked by 1,429 per kilolitre (kl), or 2.5%, to 57,689 per kl with effect from Friday. ATF prices vary from airport to airport, depending on the local sales tax or VAT.

A Jet spokesperson said, “With the recent hike in ATF prices, Jet Airways has decided to increase its fuel surcharge by 200 per domestic sector.

“This will be applicable on all flights of Jet Airways, Jet Airways Konnect and JetLite, for sale and travel effective 17 September, 2011", the spokesperson said.

Jet fuel makes up for over 40% of an airlines’ operating cost.