Business Daily from THE HINDU group of publications
Tuesday, Jun 16, 2009
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Business Daily from THE HINDU group of publications Tuesday, Jun 16, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Airlines Aviation turbine fuel prices rise Our Bureau New Delhi, June 15 With the price of aviation turbine fuel rising, the domestic airline industry is evaluating whether to raise fares or the fuel surcharge. From Tuesday, domestic airlines will pay Rs 4.10 more for every litre of ATF they pick up in Mumbai and Rs 3.95 more in Delhi. The ATF bill accounts for 45-50 per cent of the operating cost of most domestic airlines. A spokesperson for the Delhi-based low-cost airline SpiceJet said a decision on whether there should be any increase in the fares or surcharge will be taken after a careful analysis is done of the costs. The ATF has been rising steadily since March. In Delhi, while a domestic airline paid Rs 27.10 for a litre of ATF on March 1, it will now have to pay Rs 36.25. Similarly, in Mumbai while an airline paid Rs 27.86 for a litre of the fuel on March 1 it will now have to pay Rs 37.36. The two metros account for a majority of flights operated by the domestic airline industry. More Stories on : Airlines
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