Flights of the country’s largest airline Indigo will become expensive from Tuesday. The airline has imposed extra fuel charge of up to ₹1300 on domestic flights and up to ₹10,000 on international flights. The new prices will be applicable from 12:01 am on October 6. Indigo has decided to increase fuel surcharge on domestic and international flights for the third time this year. Earlier, the airline had increased the fares on March 14 and again on April 1. Jet fuel is the biggest expense for airlines. Due to rising prices of jet fuel, airlines around the world have not only increased ticket prices but have also withdrawn their future financial projections i.e. financial outlook. 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.
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