Air India group and Akasa hike fuel surcharge
NEW DELHI: After IndiGo, Air India, Air India Express and Akasa have also hiked fuel surcharge due to spiralling price of aviation turbine fuel (ATF/jet fuel) and falling rupee, which is acting as a double whammy at a time when air traffic is also beginning to decline as higher fares are seeing price-sensitive domestic travellers shift to other modes of transport.
IndiGo, Air India, and other airlines have announced increased fuel surcharges for both domestic and international flights. The new surcharges reflect a range that varies based on the distance of travel involved. Airlines cite rising operational costs primarily attributed to escalating aviation turbine fuel prices. This situation coincides with a decline in air traffic as passengers seek more affordable transportation options.
Summarised by Agaah from Times of India Business. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.