New Delhi, June 30: With jet fuel prices being hiked by six per cent, domestic air carriers today said that they would study its impact on their operational costs before taking any decision to increase airfares.
“We will examine the impact of the latest hike and take a call,” Kingfisher Airlines spokesperson said.
Similar views were expressed by officials of other air carriers like Jet Airways and SpiceJet.
Fuel costs amount to almost 40-45 per cent of the total operational cost of the airlines in India.
The continued hike in aviation fuel prices last year saw airlines increase fuel surcharge, raising the ticket prices substantially. This, in turn led to a drop in number of passengers carried by domestic airlines, causing further financial distress to them.
–PTI