News Muncher - searching for airfares

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

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

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 …

Ahead of holidays, airfares fly north

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 …

Highlights Reduction will come into effect from Monday midnight The VAT reduction on ATF is likely to translate into airlines slashing airfares This people-oriented decision will give a boost to tourism activities in the state, CMO said The Gujarat government on Monday decided to slash Value Added Tax on Aviation Turbine Fuel used in aviation services by five per cent …