After Air India-Indigo, Akasa tickets also become expensive: Fuel surcharge of up to ₹ 1300 will be imposed on domestic and international flights from tomorrow, reason – jet fuel is expensive.

SpiceJet sought relief from the government

SpiceJet founder Ajay Singh said that if oil prices remain high, airlines will have no option but to impose surcharge. He has demanded from the government that excise duty and VAT on jet fuel should be reduced. According to him, oil prices crossing $90 per barrel is dangerous for the industry.

Jet fuel prices doubled

The oil supply chain has been badly affected since the Iran-Israel war started on February 28 and the Hormuz Route was affected. Because of this, crude oil prices are continuously increasing. The price of Brent crude oil has come down to $ 103 per barrel today. Recently its price had reached around $120 per barrel.

In many countries, jet fuel prices have doubled since the beginning of the conflict. Before the war, jet fuel prices were around $85 to $90 per barrel, which has now increased to between $150 to $200 per barrel. Due to the tension in the Middle East, more than 40,000 flights have been canceled across the world so far.

Jet fuel is the biggest expense for airlines.

Due to rising jet fuel prices, airlines around the world have not only increased ticket prices but have also withdrawn their future financial projections. Jet fuel is the biggest expense for airlines. Its share in total operating expenses is 30% to 40%.

This sudden change in oil prices has spoiled the budget of the airlines. Big companies like Air New Zealand and Qantas have also made it clear that they will pass the burden of increased expenses on to the passengers.

Expenses increased due to length of route due to security reasons

Due to the war situation, many airlines have stopped using the airspace in and around West Asia. Due to security reasons, planes are now having to turn around. Longer routes mean higher fuel consumption and higher operational costs.

These airlines also increased fares across the world

• Air New Zealand: Air New Zealand has announced a big increase in its ticket prices on Tuesday. The company has increased the one-way fare for domestic flights by 10 New Zealand dollars. An increase of $20 has been made for short-haul international flights and $90 for long-haul flights. The company has also withdrawn its earnings forecast for 2026 due to high volatility in the market.
• Hong Kong Airlines: Hong Kong Airlines is going to increase fuel surcharge by up to 35.2% from Thursday. For countries like Maldives, Bangladesh and Nepal, this surcharge has been increased from 284 Hong Kong dollars to 384 Hong Kong dollars. Cathay Pacific has started extra flights to London and Zurich in March so that passengers on the affected routes can get options. The company is currently reviewing the fuel surcharge every month.
• Qantas and SAS: Australia’s flag carrier Qantas Airways has increased fares on its international routes. However, the company says that flights to Europe are running more than 90% full, so they are considering increasing the capacity in the coming months. SAS (Scandinavian Airlines), the major airline of Nordic countries i.e. Northern Europe, has also implemented temporary price adjustment in view of the rising costs.

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After Air India, Indigo tickets also become expensive: Extra charge of ₹ 425 on domestic flights and up to ₹ 2300 on international flights, reason – jet fuel is expensive.

After Air India, Indigo flights will also become expensive from tomorrow. The country’s largest airline company on Friday announced the imposition of ‘fuel surcharge’ on all domestic and international flights.

The airline said that due to the ongoing war between Iran and America-Israel, the prices of jet fuel have increased by 85%. For this reason, surcharge ranging from ₹ 425 to ₹ 2300 will be imposed on domestic and international flight tickets. Read the full news…

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