Jet Airways, India’s premier international has raised the fuel surcharge by Rs 200 on the domestic sector on the back of a recent hike in air turbine fuel (ATF). This will be applicable on all flights of Jet Airways, Jet Airways Konnect and JetLite, for sale and travel effective from September 17, 2011.
After two consecutive price cuts, state-owned oil companies has hiked jet fuel, or ATF, price by 2.5% in line with firming of international oil rates on Thursday night. The oil companies had earlier reduced the ATF rates this month by more than Rs 1,586 per kilolitre (KL) in New Delhi but the recent hike had wiped out the reductions made earlier. ATF prices vary at airports due to local sales tax or VAT.
ATF contributes nearly 40% of the operating costs of airlines and currently cost Rs 58,452 per KL at the country's busiest airport, Mumbai. Other airlines, meanwhile, are yet to decide on a possible surcharge hike.
Company Name | CMP |
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Interglobe Aviation | 4608.45 |
SpiceJet | 57.20 |
Global Vectra Helico | 286.95 |
Taneja Aerospace | 437.50 |
TAAL Enterprises | 2884.45 |
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