Kingfisher, Jet hike fuel surcharge
01 Jan 2011
Despite official concern at soaring airfares, flying within India is set to become costlier rather than cheaper in the New Year, with two major airlines - Kingfisher and Jet Airways - hiking fuel surcharge by up to Rs200 per ticket with immediate effect.
The move comes hard on the heels of global crude prices touching $90 dollars a barrel and state-owned oil firms hiking jet fuel prices from midnight tonight by almost 2 per cent..
This is also the sixth straight increase in rates since October.
On Friday both the privately-owned airlines increased their fuel surcharge by Rs100 for travel up to 750 km and Rs200 for flights covering a distance of over 750 km.
A Kingfisher statement said, "In order to reflect multiple recent increases in ATF (aviation turbine fuel), Kingfisher Airlines has increased the fuel surcharge by Rs100-200 on domestic flights with effect from today."
Though Jet Airways officials did not confirm the hike, the necessary changes were made on their website.
