Higher ATF prices drive fuel surcharges, raising travel costs and dampening demand across domestic and outbound segments; photo by Anand Balaji
Mumbai, India — April 1, 2023
In short: Indian airlines pass higher fuel surcharges to consumers amid increased ATF prices.
According to TTG Asia, India’s Ministry of Civil Aviation approved a 25% increase in Aviation Turbine Fuel (ATF) prices for domestic scheduled carriers on domestic routes. This measure aims to provide partial relief amid global energy volatility triggered by disruptions in West Asia. However, no such relief has been extended to international operations. Higher ATF prices drive fuel surcharges, raising travel costs and dampening demand across domestic and outbound segments.
Reference:Source.
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Mumbai, India — April 1, 2023 In short: Indian airlines pass higher fuel surcharges to consumers amid increased ATF prices....
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