Your holiday just got more expensive! Why flyers will have to shell out more for air tickets
2 years, 6 months ago

Your holiday just got more expensive! Why flyers will have to shell out more for air tickets

Firstpost  

Passengers will have to shell out at least 15 per cent more for air fare after oil companies raised the price of Aviation Turbine Fuel by a record 16 per cent. Rise in ATF prices As per a notification of state-owned fuel retailers, the price of ATF was hiked by 16.3 per cent, to Rs Rs 1,41,232.87 per kl in the national capital. SpiceJet’s chairman and managing director Ajay Singh commenting on the rise, said, “The ATF prices have increased by more than 120 per cent since June 2021. SpiceJet’s Ajay Singh, in a statement, said that they will have to pass on the increase in ATF prices to flyers that will lead to an increase of up to 15 per cent in fares. “A minimum 10-15 per cent increase in air fares is required to ensure that cost of operations are better sustained,” he was quoted as saying to news agency PTI.

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History of this topic

Indian Airlines Unable To Hike Fares Despite Surging Travel Demand, Says Report
2 weeks, 6 days ago

Indian Airlines Unable To Hike Fares Despite Surging Travel Demand, Says Report

ABP News  

The aviation industry in India has been booming recently with demand for travel surging, however, the airlines are still struggling to increase their fares. Official data from the International Air Transport Association revealed that domestic flight prices majorly remained stagnant, often reaching close to or even below 2025 levels. The data showed that airfares have not been able to keep …

Air travel likely to become costly as jet fuel prices surge by 1.45 per cent
3 weeks, 2 days ago

Air travel likely to become costly as jet fuel prices surge by 1.45 per cent

India TV News  

The air travel is likely to become costly as the price of aviation turbine fuel or jet fuel was hiked on Sunday by 1.45 per cent in the monthly revision done in line with international oil price trends. The ATF price was increased by Rs 1,318.12 per kilolitre, or 1.45 per cent, to Rs 91,856.84 per litre in Delhi- home …

Airfares are soaring amid turbulence in civil aviation
8 months, 1 week ago

Airfares are soaring amid turbulence in civil aviation

Live Mint  

With India’s civil aviation sector going through turbulence, fliers are being forced to tighten their budgetary belts, as airfares have soared at a dizzying angle. For a quick explanation, Exhibit ‘A’ is Tata-run Vistara’s recent declaration of scaling back operations by about 25-30 flights per day, or roughly 10% of its capacity, amid a shortage of pilots. After Air India’s …

India is a price-sensitive market, says IndiGo CEO
8 months, 3 weeks ago

India is a price-sensitive market, says IndiGo CEO

The Hindu  

There is healthy and tough competition in the Indian aviation market, which is also price sensitive, India’s largest airline IndiGo’s chief Pieter Elbers said, adding that there is an enormous demand for travel in the country. Mr. Elbers, who heads IndiGo, which has a domestic market share of little over 60%, said the overall price levels in India are "very …

Why Delhi-Mumbai airfares are among the costliest globally
1 year, 6 months ago

Why Delhi-Mumbai airfares are among the costliest globally

Firstpost  

Airline ticket fares are flying high in India. Higher fares than many busiest routes globally A flyer from India will find cheaper last-minute or spot fares on the busiest domestic routes of countries such as the United States, the United Kingdom, Australia, China, South Korea and South Africa than the current Delhi to Mumbai ticket rates, reported the Times of …

Delhi-Mumbai Flight Ticket: Airfares Goes as High as Rs 14K Between Two Cities
1 year, 6 months ago

Delhi-Mumbai Flight Ticket: Airfares Goes as High as Rs 14K Between Two Cities

News 18  

Planning to fly from Delhi to Mumbai? Currently, the 24-hour advance non-stop flight ticket comes under the price tag of Rs 14,000 or even more, which is considered the most expensive domestic ticket worldwide. Even with a depreciating rupee, an Indian traveler would find better deals at the last minute better on the busiest domestic routes in the US, UK, …

Flight prices soar high on demand, stagnant supply
1 year, 6 months ago

Flight prices soar high on demand, stagnant supply

Hindustan Times  

Record demand and stagnant supply in the ongoing peak season have resulted in high ticket prices on domestic flights, an HT analysis has shown. Civil Aviation minister Jyotiraditya Scindia on Monday met with the Airlines Advisory Group on the increased airfares on certain air routes, particularly those in which Go First operated, and directed airlines to self-monitor ticket prices. The …

Flying too close to travel date? Be ready to pay up to five times more
1 year, 6 months ago

Flying too close to travel date? Be ready to pay up to five times more

The Hindu  

If you are planning a last-minute air travel, either for business or due to a medical emergency, be prepared to spend up to five times more than last month. According to online travel portal Ixigo, a one-way spot fare of ₹16,585 for a Delhi-Ahmedabad flight on May 24 was five times more expensive than that in last month when the …

DC Edit | As airfares soar, let markets fix prices
2 years, 2 months ago

DC Edit | As airfares soar, let markets fix prices

Deccan Chronicle  

Market and demand induced inflation is a good test point of conviction of people to free markets, continuing and accelerating reforms, reinvigorating growth and creating opportunities. Luddites and anti-growth socialists have jumped on to the bandwagon, parasitically, trying to ride the wave of misplaced public consternation — and demand that the government must “regulate” prices, and place a higher band …

Airfares hit highest level in years despite falling fuel prices
2 years, 3 months ago

Airfares hit highest level in years despite falling fuel prices

LA Times  

A wave of “revenge travel” — people making up for trips canceled during the pandemic — is among the factors keeping airfares high. “This year, CheapAir.com is anticipating a busy holiday season with high prices, and recommends that travelers shop earlier than they might have pre-pandemic,” said Jeff Klee, the company’s chief executive. “With two years of pent-up travel demand …

Airfares sting, no ‘low-cost’ flight up in the skies now
2 years, 5 months ago

Airfares sting, no ‘low-cost’ flight up in the skies now

The Hindu  

With the rise in fuel prices, domestic and international airfares have witnessed surge by up to 50% in the past few months, according to data from online portals. Similarly, a flight ticket for Bengaluru to New Delhi within the same booking window will cost ₹9,674, which is a 38% increase from ₹6,984 five months ago. Data from travel portal ixigo …

Vistara chief says air fare hike inevitable
2 years, 6 months ago

Vistara chief says air fare hike inevitable

The Hindu  

An increase in airfares is "inevitable" and Vistara will also raise them if other airlines do so, its CEO Vinod Kannan said on Sunday. Recently, SpiceJet's Chairman and Managing Director Ajay Singh said that a minimum increase of 10-15% in airfares was "required" as ATF prices have increased by 120% since June last year. While the airfares till June were …

‘No choice’ but to raise airfares, says SpiceJet CMD
2 years, 6 months ago

‘No choice’ but to raise airfares, says SpiceJet CMD

The Hindu  

Airlines had “no choice” but to raise airfares because of the increasing prices of aviation turbine fuel, SpiceJet CMD Ajay Singh said. “The sharp increase in jet fuel prices and the depreciation of the rupee have left domestic airlines with little choice but to immediately raise fares, and we believe that a minimum 10-15% increase in fares is required,” Mr. …

Minimum 10-15% increase in airfares must: SpiceJet CMD
2 years, 6 months ago

Minimum 10-15% increase in airfares must: SpiceJet CMD

Deccan Chronicle  

New Delhi: The sharp increase in aviation turbine fuel prices and the depreciation of the rupee have left the domestic airlines with no choice but to immediately raise airfares, said Ajay Singh, Chairman and Managing Director, SpiceJet, on Thursday. A minimum 10-15 per cent increase in air fares is required to ensure that cost of operations are better sustained, Singh …

Jet Fuel Prices Today Cut by 1.3% in Big Relief; Air Travel to Get Cheaper Soon?
2 years, 6 months ago

Jet Fuel Prices Today Cut by 1.3% in Big Relief; Air Travel to Get Cheaper Soon?

News 18  

Jet Fuel Price Slashed: The prices of aviation turbine fuel or ATF, that is required to run an aeroplane, was decreased by 1.3 per cent, state owned Indian Oil Corporation announced on Wednesday, June 1. ATF Prices in Recent Times and Impact on Air Travel Earlier on May 16, Indian Oil Corporation had announced a hike in jet fuel prices …

ATF price up marginally, rates at record high
2 years, 8 months ago

ATF price up marginally, rates at record high

The Hindu  

Jet fuel prices on Saturday were hiked by a marginal 0.2% — the eighth straight increase this year — to an all-time high, reflecting a surge in global energy prices. The price of aviation turbine fuel — the fuel that helps aeroplanes fly — was hiked by ₹277.5 per kilolitre, or 0.2%, to ₹1,13,202.33 per kl in the national capital, …

Jet Fuel Prices At All-time High: Will Airlines Raise Domestic Flight Ticket Prices Soon?
2 years, 8 months ago

Jet Fuel Prices At All-time High: Will Airlines Raise Domestic Flight Ticket Prices Soon?

News 18  

As the jet fuel prices have been rising for quite some time and currently hovering at an all-time high levels, the aviation industry is facing the heat on its finances. ICRA on Jet Fuel Hikes Rating agency ICRA expects the Indian aviation industry to report a net loss of Rs 25,000-26,000 crore in FY2022. “Elevated aviation turbine fuel prices, which …

Data | Despite increase in flyers, Indian airlines struggle to turn a profit
2 years, 8 months ago

Data | Despite increase in flyers, Indian airlines struggle to turn a profit

The Hindu  

The aviation industry is caught between a rock and a hard place. Thus, despite an increase in passenger traffic, airline firms continue to suffer Profit-loss statement The graph shows IndiGo and SpiceJet’s profit/loss made after tax in ₹ ‘000 million. Now, despite the surge in passenger traffic, airlines are yet to come out of the woods as jet fuel prices …

Air Travel to Get More Expensive as ATF Prices Hiked to All-Time High in India
2 years, 8 months ago

Air Travel to Get More Expensive as ATF Prices Hiked to All-Time High in India

News 18  

Jet fuel prices were hiked today by 2 per cent – the seventh straight increase this year – to an all-time high, reflecting a surge in global energy prices. Aviation turbine fuel was hiked by ₹ 2,258.54 per kilolitre, or 2 per cent, to ₹ 1,12,924.83 per kl in the national capital, according to a price notification by state-owned fuel …

Ahead of holidays, airfares fly north
2 years, 9 months ago

Ahead of holidays, airfares fly north

The Hindu  

If you are planning your summer holidays, brace yourself for higher airfares, which have shot up at least by 20-25% due to rising crude oil prices. A one-way airfare between Delhi and Mumbai rose by 26%, climbing up to ₹5,119 in the first week of March as compared to the same time in February; Kolkata to New Delhi saw an …

ATF Price Sees an Increase of Over 18%, Registers Steepest Rise Ever
2 years, 9 months ago

ATF Price Sees an Increase of Over 18%, Registers Steepest Rise Ever

News 18  

High crude oil prices on Wednesday led OMCs to hike aviation turbine fuel prices by over 18 per cent to more than Rs 1 lakh per kilolitre, the steepest hike ever. Accordingly, in the national capital, the price of jet fuel was raised by 18.32 per cent to Rs 1,10,666.29 per kilolitre from Rs 93,530.66 per kl. “The current hike …

Indian Domestic Airline Industry Calls for Rationalisation of ATF Taxes
2 years, 9 months ago

Indian Domestic Airline Industry Calls for Rationalisation of ATF Taxes

News 18  

India’s domestic airlines have called for the rationalisation of taxes on jet fuel to counter the massive rise in fuel prices. On Wednesday, high crude oil prices led OMCs to hike ATF prices to more than Rs 1 lakh per kilolitre. “Over the past few weeks, crude oil prices have soared to a seven-year high nearing $140 per barrel, due …

Air Travel to Get Costlier as Jet Fuel Prices Rise to Record High After Price Hike
2 years, 10 months ago

Air Travel to Get Costlier as Jet Fuel Prices Rise to Record High After Price Hike

News 18  

Air travel is expected to get costlier as oil marketing companies on Wednesday raised the aviation turbine fuel prices for the second time in February. In the national capital, the price of jet fuel was raised to Rs 90,519.79 per kilolitre from Rs 86,038.16 per kilolitre. Fuel retailers revise jet fuel prices on a fortnightly basis. At present, fuel based …

Domestic Air Passenger Grow in June Due to Pent-Up Demand, Ease in Restrictions
3 years, 5 months ago

Domestic Air Passenger Grow in June Due to Pent-Up Demand, Ease in Restrictions

News 18  

Pent-up demand, along with low base and easing of Covid restrictions, pushed India’s domestic air passenger traffic higher in June 2021. “Passengers carried by domestic airlines during January-June 2021 were 343.37 lakhs as against 351.78 lakhs during the corresponding period of previous year thereby registering annual growth of 2.39 per cent," the DGCA said in its June data report. Besides, …

As State Run Refiners Increase Jet Fuel Prices, Air Travel Likely to Get More Costly
3 years, 5 months ago

As State Run Refiners Increase Jet Fuel Prices, Air Travel Likely to Get More Costly

News 18  

State-run refiners increased the jet fuel prices on Friday adding more worries to the Indian carriers struggling to reboot operations after extensive disruptions due to the fresh wave of the pandemic. In the National capital, ATF prices for domestic airlines increased by 2.44 per cent from Rs 68,262.35 per kilolitre on July 1 to Rs 69,857.97 on July 16. Any …

Air travel may become costlier as jet fuel prices soar
3 years, 5 months ago

Air travel may become costlier as jet fuel prices soar

India TV News  

Prices of Air Turbine Fuel, also known as jet fuel, soared to Rs 68,262 per kiloliter in Delhi on Thursday, around 30 per cent more expensive than in January 2021. "ATF prices hiked in Delhi by 3.6 per cent and stood at Rs 68,262.35 per kl, in Kolkata it is increased by 3.27 and is at Rs 72,295.24 per kl; …

Chartered flight or booking all tickets on a plane, what will cost you more in India?
3 years, 11 months ago

Chartered flight or booking all tickets on a plane, what will cost you more in India?

India Today  

ICYMI, a man from Jakarta, on January 5, took social distancing to a whole new level by booking an entire flight for himself and his wife. The Batik Air flight that Muljadi took is a Boeing 737, and for the Jakarta to Bali route, per seat would cost anywhere around Rs 3,000. However, if one plans to charter a flight, …

Flight Ticket Prices in India Will See a Marginal Increase from September 1: Here is Why
4 years, 4 months ago

Flight Ticket Prices in India Will See a Marginal Increase from September 1: Here is Why

News 18  

The Civil Aviation Ministry has decided to charge higher aviation security fee from domestic as well as international passengers from September 1, senior government officials said on Thursday. Making the air travel slightly costlier, the officials said the ASF for domestic flyers will be increased to Rs 160 from Rs 150 starting next month, and international passengers will pay 5.2 …

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