Mumbai: Leading low-budget air carrier based in India, IndiGo has removed fuel charge on tickets. The removal of fuel charges will lead to a fall in ticket prices by up to Rs 1,000.
The air carrier imposed fuel charge on October 5, 2023 due to a surge in jet fuel prices . The fuel charge has been withdrawn due to the recent reduction in ATF (Aviation Turbine Fuel) prices.
‘With the recent reduction in ATF prices, IndiGo is withdrawing the charge . As ATF prices are dynamic, we will continue to adjust our fares and components thereof, to respond to any change in prices or market conditions,’ IndiGo said in a statement.
Also Read: Accession Day: Gulf country declares public holiday
In October, IndiGo levied a fuel charge of Rs 300 on a sector distance of up to 500 km, Rs 400 on 501-1,000 km, Rs 550 on 1001-1500 km, Rs 650 on 1,501-2,500 km, Rs 800 on 2,501-3,500 km, and Rs 1,000 on 3,500 km and above.
Jet fuel or aviation turbine fuel (ATF) costs account for a significant chunk of a carrier’s operational costs. The fuel charge was applicable on the airline’s domestic and international routes.
#BreakingNews | IndiGo has removed fuel charges from all domestic and international flights following a drop in aviation fuel prices.@nikhil_lakhwani shares details with @Sriya_Kundu #Indigo #fuelprice pic.twitter.com/bpR1QTd7uE
— News18 (@CNNnews18) January 4, 2024
Post Your Comments