September 11, 2023
3 min

Amid rising ATF prices, airfares expected to soar - BusinessLine

Airfares in India are expected to increase by 5% during the high-demand quarter of Q3 due to rising jet fuel prices and the weakening of the rupee against the dollar. This comes after a 14% increase in jet fuel prices on September 1. Airlines may face difficulties in deciding whether to pass on the cost increase to customers or absorb it themselves. The ongoing grounding of airlines and engine issues may further dampen the festive season for air travelers.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry