Indigo's ticket to get costlier by upto Rs 1,000; here's why

Updated : Oct 06, 2023 12:09
|
Editorji News Desk

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.

Cost split-up

  • For distance covering upto 500 KM the passenger will be charged Rs 300 extra. The cost will go up as the distance increases.
  • Distance between 501-1000 KM would attract Rs 400 extra
  • Distance between 1001-1500 KM would cost an additional Rs 550
  • Distance between 2501 to 3500 km will attract a fuel charge of Rs 800
  • Over 3501km, fuel charge will be Rs 1000

Jet Fuel Price hike

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.

 

IndiGo Airlines

Recommended For You

editorji | Business

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

editorji | Business

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

editorji | Business

Reliance completes merger of Star Television Productions with Jiostar

editorji | Business

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

editorji | Business

Nifty hits record high after 14 months; Sensex nears all-time peak