After IndiGo hikes prices, other airlines too may spoil your summer vacation
According to experts, jet fuel accounts for 45 per cent of an airline's cost of operations, therefore, air carriers could even think of hiking prices by up to 15 per cent. Although domestic airlines have refused to come on record on the issue, executives of some private carriers have reportedly said that a call on how to offset the increase in the ATF rates was yet to be taken.
IndiGo has announced that it will levy a fuel surcharge of between Rs 200 and Rs 400 per passenger on domestic routes, thereby, becoming the country's first airlines to do so. Image source: Reuters