Friday, July 1, 2022
BusinessIncreasing Flight Ticket Price in India due to Hike Jet Fuel Rates

Increasing Flight Ticket Price in India due to Hike Jet Fuel Rates

A round trip between Chennai and New Delhi can cost from Rs 18,000 to Rs 20,000 per passenger.

New Delhi: Russia’s creation of Ukraine poses an economic threat to the rest of the world. Due to this, the prices of crude oil and gold are rising sharply. Moreover, the stock market is collapsing to an all-time low.

As petrol and diesel prices continued to rise, the central government announced the removal of the tax on it. However, the price of petrol and diesel has been on the rise. As a result, the prices of essential commodities and the cost of transportation are rising.

Meanwhile, the rise in aviation fuel prices has led airlines to raise fares over the past few months. In Chennai, a kiloliter of aviation petrol is being sold at Rs 1,46,215.85, which is 16.3% higher than the previous day’s price, officials said.

With air fares soaring, air fares have now reached new highs, with passengers lamenting the hike in fares for flights, vacations, business trips or work. They are also urging the central government to take immediate action.

For the next two weeks, even if it is a one-way flight to New Delhi or Madurai, a passenger may have to pay a higher fare. The tariff is said to be Rs 10,000 or more.

Also, a round trip between Chennai and Bangalore costs between Rs 10,000 and Rs 12,000 per passenger. A round trip between Chennai and New Delhi can cost from Rs 18,000 to Rs 20,000 per passenger.

Speaking on the occasion, S. Jayasekaran of the Travel Agents Association of India said, “Middle class travelers who used to fly frequently are now afraid of travel.

They will cut down on unnecessary trips. But as the holiday season draws to a close, holidaymakers are continuing. This is because they have been away from vacation for two years for safety reasons.


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Therefore, the demand continues. But people have already started booking three or four weeks in advance to save some money, ”he said.

Recently, the Union Finance Ministry had recommended that civil servants who have to travel to any meeting should book their air tickets three weeks before their departure.

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