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Airfares to go up by Rs 150 from Fri

November 30, 2006 19:35 IST
Source:PTI

Airfares of most major airlines will go up by Rs 150 per sector from Friday, as the carriers plan to levy a traffic congestion surcharge.

Federation of Indian Airlines, a grouping of leading airlines, is understood to have taken this decision, industry sources said.

Officials of Indian, Air Sahara and Kingfisher confirmed the hike while the spokesperson of Air Deccan said the carrier was looking at the quantum of the hike and the timing of it.

Jet Airways spokesperson said the airline would increase the fares by imposing a traffic congestion surcharge of Rs 150 per ticket on its domestic sales from Friday.

Asked about reduction in fuel prices, the spokesperson said the reduction was too minimal to warrant any downward revision of fares.

The airline lost Rs 27 crore (Rs 270 million) in Q2 due to congestion over Delhi, Mumbai and other airports.

Ticket sold outside India would be hiked by the same amount from December 5, he said.

Airlines are losing money because of heavy traffic, which means flights have to hover above airports for longer durations before landing.

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Source: PTI
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