Jet hikes fares by 25 per cent


MUMBAI
The move comes in the wake of a nearly 25 per cent fall in the rupee against the dollar and a recent 6.9 per cent hike in aviation turbine fuel, sources said.

Jet Airways on Wednesday followed its smaller rival SpiceJet and hiked fares steeply, by 25 per cent, to mitigate the impact of the sharp fall in the rupee value and a near 15 per cent spike in oil prices of late.

“The airline has hiked its fares by 25 per cent with immediate effect,” a Jet Airways source told PTI here.

Asked whether the hike is on fuel surcharge or base fare, the source said, “it (increase) is in total fares.”

The move comes in the wake of a nearly 25 per cent fall in the rupee against the dollar and a recent 6.9 per cent hike in aviation turbine fuel, sources said.

Full report here Hindu

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