Fuel Surcharge: The tickets of India's largest domestic airline Indigo is set to get costlier by up to Rs 1,000 as the carrier has introduced fuel surcharge for its domestic and international routes. This, as the cost of Aviation Turbine Fuel has been increased by a little over 14%. The new structure will be applicable from October 6
"The decision follows the significant increase in ATF prices, which have surged in the last three months with consecutive price hikes every month. ATF accounts for a substantial portion of an airline's operating expenses, necessitating fare adjustment to address such a cost surge," said the airline in its statement.
Earlier this month, for the third straight time the central government had increased the Jet fuel prices. As per price notification of state owned fuel retailers the ATF prices were hiked by 8.5% in August and 1.65% in July.
The airlines in 2018 had imposed fuel surcharge which was gradually removed after the prices were reduced.