Jet, Kingfisher hike airfares from Friday

Jet, Kingfisher hike airfares from Friday

Rs 100 hiked per ticket for distances up to 750 km

Jet, Kingfisher hike airfares from Friday

Private carriers Kingfisher Airlines and Jet Airways have decided to hike fares by Rs 200 per ticket with immediate effect.

The hike, which is in the form of increase in fuel surcharge, comes after jump in global crude oil prices.

While Air India has not commented on whether it iss hiking charges, the hike may extend to other carriers, too.

Following global crude prices touching $90 per barrel, the state-owned oil firms hiked prices of aviation turbine fuel (ATF) from Friday midnight by 2 per cent. This is the sixth time the oil firms have hiked the jet fuel prices since October. The airlines on Friday increased their fuel surcharge by Rs 100 for travel up to 750 km and Rs 200 for flights covering a distance of over 750 km.

A Kingfisher spokesperson said the increase in fuel surcharge was brought about by the rise in the jet fuel prices. The hike will come to effect from Friday. Though Jet Airways officials did not confirm the hike, necessary changes were made on their website.

There was no comment from Air India on the issue. The rise in airfares through a hike in fuel surcharge came in the backdrop of over 25 per cent increase in October- November, which saw the Civil Aviation Ministry stepping in and the aviation regulator DGCA asking airlines to lower the ticket prices and ensure transparency.

ATF rates in Delhi have been hiked by Rs 935 per kilolitre to Rs 47,816 per kl. The latest hike comes on the back of a 3.6 per cent hike on December 15.