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   Saturday 21-May-2011

Jet Airways passes on fuel cost burden to passengers

The airline has increased fuel surcharge resulting in 20 per cent costlier ticket prices since May 5.
   Mumbai

In a bid to pass on the rising fuel cost burden onto the customers, Jet Airways has made it 20 per cent costlier for passengers to fly on the airline.

As per a report in the Hindu Business Line, the largest domestic private airline has increased fuel surcharge resulting in 20 per cent costlier ticket prices since May 5.

“We will see how long the increase holds. At the moment, it is going steady, there has been no drop in air travel demand and other airlines are also increasing their fares,” said Mr Sudheer Raghavan, Chief Operating Officer, Jet Airways Ltd, in an investor call.

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