Airfares are set to rise further with budget carrier IndiGo announcing that it will levy a fuel surcharge between ₹300 and ₹1,000 on domestic flights with effect from Thursday midnight.
The additional amount to be levied will vary as per the flight distance. A Delhi- Mumbai flight will accrue a fuel surcharge of ₹550, while Delhi- Bengaluru and Delhi-Chennai flights will attract ₹650.
“The decision follows the significant increase in aviation turbine fuel (ATF) prices, which have surged in the last three months with consecutive price hikes every month,” the airline said in a statement. Fuel costs account for nearly 40% of an airline’s operational costs.
