Financial Daily from THE HINDU group of publications
Thursday, May 27, 2004
Financial Daily from THE HINDU group of publications Thursday, May 27, 2004 |
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Airlines Logistics - Airlines Air-India to levy fuel surcharge Our Bureau
Mumbai , May 26 AIR-INDIA has decided to levy a fuel surcharge on tickets, effective Wednesday. The surcharge imposed is $9 for destinations in the US and $4 on all other destinations. A spokesman for Air-India said the airline had to impose the fuel surcharge in view of the continuing rise in global oil prices. The surcharge, which would partly offset the additional burden on the airline's fuel bill, would be withdrawn once the global prices of oil stabilised, he said. The imposition of the fuel surcharge would raise the fare by Rs 180 and Rs 400 approximately, based on the sector that the passenger was travelling on.
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