Jet Fuel
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Posted by admin | Posted in Coffee | Posted on 05-06-2010
Tags: aviation, energy, environment, fuel, jet, jet fuel, jet fuel coffee, jet fuel prices, jet fuel reviews, jet fuel weight
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Fuel price hikes
FLYING on the domestic sectors will become a little more expensive starting from Friday since the two leading airlines Jet Airways and Kingfisher Airlines have announced that they are raising their fuel surcharges up to Rs 200 on all domestic flights.
Making the announcement, Prakash Mirpuri of Kingfisher said, "Effective from Friday, the fuel surcharge levied by Kingfisher for travel on domestic sector stands revised upward by Rs 100 for sectors below 1,000 km and by Rs 200 for sectors above 1,000 km.
Meanwhile Jet Airlines also confirmed that they have increased the fuel surcharge by up to Rs 200 on their domestic flights across all their services including JetLite and Jet Konnect from Friday.
Fuel surcharge is essentially a fee added by the airlines to a ticket to cover the increased cost of fuel and is usually lumped onto the cost of a ticket as if it were a tax, which is not so technically.
Fuel surcharge levied by domestic airlines has been very high in India since jet fuel is sold at reasonably high prices in different parts of the country depending on state levies. Earlier, Air India had slashed fuel surcharge on all domestic flights by following a substantial cut in the jet fuel prices and the abolishment of 5 percent customs duty on jet fuel.
Industry experts said that the airlines would have been forced to impose the fuel surcharge to partially offset the nine percent increase in fuel price which has been effected recently and they are certain that all other private and even the national airlines waould follow suit.
According to reports, two other airlines SpiceJet and GoAir have also confirmed that they would be also increasing the fuel surcharge by about Rs 200 shortly.
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