Air travel to become costlier as airlines hike fares
Air travel to become costlier as airlines hike fares
The increase in air fare is the result of rising international oil prices.

Mumbai: Private air-carriers, Kingfisher and Jet Airways, on Thursday announced a hike in their fares, making air travel costlier.

Jet Airways said that it was hiking its economy class fares by 10 per cent.

"Economy class fares have been hiked by 10 per cent and business class by five per cent," a Jet Airways spokesperson told PTI here on Friday.

The hike had nothing to do with the 2.8 per cent increase in air turbine fuel (ATF) price announced by state-run oil firms earlier in the day, the spokesperson said, adding that, "the decision has been taken after a commercial review of the pricing."

However, the airline's subsidiary, Jetlite, has so far not effected any hike.

Vijay Mallya-owned Kingfisher also announced a 10 per cent hike in base fares across the board.

"We have decided to effect a 10 per cent increase in Kingfisher and Deccan from Friday," a Kingfisher spokesperson said.

State-run oil companies had earlier hiked ATF prices by 2.8 per cent on the back of a surge in international oil prices.

ATF or jet fuel in Delhi will cost Rs 1,931.07 per kilolitre more from midnight tonight, an Indian Oil official said.

The fuel would be priced at Rs 71,028.26 per kilolitre from August 1 as against Rs 69,097.19 per kilolitre.

In Mumbai, the city that hosts the nation's busiest airport, the price has been hiked to Rs 73,673.56 as against Rs 71,630.53 per kilolitre.

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