No roll back of fuel surcharge, say airlines
Air passengers are unlikely to get the benefit of 4.3 per cent reduction in Aviation Turbine Fuel, announced by state-run oil companies.
By PTI |
MUMBAI: Air passengers are unlikely to get the benefit of 4.3 per cent reduction in Aviation Turbine Fuel, announced by state-run oil companies on Thursday as several major airlines said the move would not mitigate their losses in any manner.
"There is no question of a roll-back on fuel surcharge," budget airline SpiceJet Chief Operating Officer Samyukth Sridharan told PTI here.
Fuel prices have shot up by nearly 50 per cent in the last three months and a marginal reduction of 3-4 percent would not make any difference, Sridharan said.
The SpiceJet official said that even when the oil companies had revised their ATF prices the last time, SpiceJet had not increased its fares.
Vijay Mallya-spearheaded Kingfisher Airlines said that it was studying the impact and would shortly arrive at a decision.
"We are studying the impact of the just announced reduction in ATF prices and will reach a conclusion shortly," its spokesperson said.
Other private airline, Jet Airways, too maintained a similar stand saying it was too early to take a view on the matter.
"We are studying the issue," a Jet Airways spokesperson said.
Following a five per cent cut in customs duty on ATF by the government public sector oil companies had announced a reduction of Rs 3,239 per kilolitre in ATF prices.
ATF price for foreign airlines, that are not subject to sales tax, has been reduced to 1,193.99 dollars per kl from 1,248.32 dollars per kl in Delhi.
In Mumbai, the price has been cut to 1,187.32 dollars per kl from 1241.77 dollars.
"There is no question of a roll-back on fuel surcharge," budget airline SpiceJet Chief Operating Officer Samyukth Sridharan told PTI here.
Fuel prices have shot up by nearly 50 per cent in the last three months and a marginal reduction of 3-4 percent would not make any difference, Sridharan said.
The SpiceJet official said that even when the oil companies had revised their ATF prices the last time, SpiceJet had not increased its fares.
Vijay Mallya-spearheaded Kingfisher Airlines said that it was studying the impact and would shortly arrive at a decision.
"We are studying the impact of the just announced reduction in ATF prices and will reach a conclusion shortly," its spokesperson said.
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Other private airline, Jet Airways, too maintained a similar stand saying it was too early to take a view on the matter.
"We are studying the issue," a Jet Airways spokesperson said.
Following a five per cent cut in customs duty on ATF by the government public sector oil companies had announced a reduction of Rs 3,239 per kilolitre in ATF prices.
ATF price for foreign airlines, that are not subject to sales tax, has been reduced to 1,193.99 dollars per kl from 1,248.32 dollars per kl in Delhi.
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In Mumbai, the price has been cut to 1,187.32 dollars per kl from 1241.77 dollars.
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