With the fuel prices starting to climb up in the international market, airlines have slowly started increasing the prices. It is the fuel surcharge that is now adding up to the ticket price, making flying more expensive.
The first airlines to begin the fare hike were Jet and Kingfisher. The airlines industry usually tends to wait for someone to make a start, and everyone will follow. So, soon after the announcement from Jet, SpiceJet and Air India have followed suit. The hike in fuel surcharge is at Rs.400. The total taxes and surcharges on a tickets now is usually above Rs.3,000.
Airlines are still far from having a good run and are suffering from low occupancy. Despite hiking the regular fare, Jet and SpiceJet are offering special fares with restriction in dates.
See complete news:
1. Jet, Kingfisher hike fuel surcharge: http://www.hindu.com/2009/06/18/stories/2009061855971600.htm
2. SpiceJet hikes fuel surcharge: http://economictimes.indiatimes.com/News/News-By-Industry/Transportation/SpiceJet-hikes-fuel-surcharge-by-Rs-400/articleshow/4670358.cms
3. Jet, SpiceJet, JetLite offer special fares: http://timesofindia.indiatimes.com/Business/India-Business/Jet-SpiceJet-Jetlite-come-up-with-special-fares/articleshow/4641325.cms