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Planning To Take A Flight? Ticket Prices May Go Up Soon

Airlines, already facing higher operational costs from rerouted flights, are expected to pass on the increased fuel burden to passengers, especially on domestic routes.

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Key points generated by AI, verified by newsroom
  • Jet fuel prices reach record high, more than doubling.
  • Airlines likely to pass on increased fuel costs to passengers.
  • West Asia conflict causes longer flight routes, boosting expenses.
  • Global aviation body confirms rising airfares due to fuel.

Airfares are set to climb sharply as jet fuel prices surge to record levels amid the ongoing tensions in West Asia, adding fresh pressure on travellers.

The price of Aviation Turbine Fuel (ATF) has more than doubled, crossing the Rs 2 lakh per kilolitre mark for the first time. In Delhi, ATF rates have jumped by over 114%, rising by Rs 1,10,703.08 to Rs 2,07,341.22 per kilolitre, according to state-run fuel retailers.

With fuel accounting for nearly 40% of an airline’s operating costs, the steep hike is expected to directly push up ticket prices. Industry officials say airlines are likely to pass on the increased burden to passengers by raising fares, especially on domestic routes where margins are already tight.

West Asia Conflict Continues

The spike in fuel prices comes at a time when carriers are already grappling with higher expenses due to the West Asia conflict, which began in late February. Airspace restrictions in the region have forced Indian airlines to take longer routes for several international flights, increasing fuel consumption and operational costs.

Fuel retailers such as Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum revise ATF and LPG prices at the start of every month based on global benchmarks and currency movements.

No Comment From Airlines

Airlines have not yet officially commented on the extent of fare hikes following the latest revision. However, many Indian carriers had already introduced fuel surcharges on tickets last month in response to rising costs.

Global aviation body International Air Transport Association (IATA) has also flagged the trend, noting that airfares are already moving upward due to surging fuel prices and limited capacity. Its Director General, Willie Walsh, said that while the full impact of the West Asia conflict remains uncertain, rising fuel costs are clearly driving ticket prices higher.

IATA represents around 350 airlines worldwide, including Indian carriers such as Air India, IndiGo, Air India Express, and SpiceJet.

Frequently Asked Questions

Why are airfares expected to increase?

Airfares are set to climb sharply due to a surge in jet fuel prices, which have reached record levels amid tensions in West Asia. This increase directly impacts airline operating costs.

How much have jet fuel prices increased?

The price of Aviation Turbine Fuel (ATF) has more than doubled, exceeding Rs 2 lakh per kilolitre for the first time. In Delhi, ATF rates have jumped by over 114%.

What percentage of an airline's costs does fuel represent?

Fuel accounts for nearly 40% of an airline's operating costs. The recent steep hike in fuel prices is expected to directly push up ticket prices.

How has the West Asia conflict affected airlines?

The conflict has led to airspace restrictions, forcing Indian airlines to take longer routes for international flights. This increases fuel consumption and operational costs.

About the author Deepika Bhatt

Deepika Bhatt is a Deputy News Editor at ABP Live English. With a keen eye on national politics and a firm pulse on what city readers crave, she likes breaking one story at a time. She ensures that news stories provide a comprehensive information package.

For any tips and queries, you can reach out to her at deepikab@abpnetwork.com.

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