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Price hike of crude oil in the global market has led India’s airline companies to increase the price of air tickets in domestic routes in India. Jet Airways, the biggest private sector airline in India, has recently said in a statement that passengers will have to pay additional Rs. 150 per ticket for the domestic flights. Some other private air line companies

Some other private airlines companies have also increased the air fare by due to the price hike of aviation turbine fuel. However, Air India, state run air line, has not decided yet to go for any such move.

The Hindu Business Line reported:

In November, airlines would have to pay Rs 41,417 per kilolitre of fuel uplifted at Delhi, up from Rs 39,767 per kilolitre paid in October. Similarly, this month a kilolitre of ATF in Chennai would cost the airlines Rs 44,988 while they were paying Rs 43,298 for the same quantity of fuel in October.

In a statement, Jet Airways said that from November 5, the fuel surcharge would go up by Rs 150 on all types of fare for travel in business and economy class.

This is the second successive increase in fuel surcharge by the airlines within the last couple of months. Increase in price of fuel is not good news for Indian aviation industry.