Indigo, India’s largest domestic airline on Thursday introduced energy charges starting from Rs 300 up to Rs 1000 due to rising Aviation turbine energy( ATF) prices on its domestic and transnational routes.
The new pricing structure will come into effect from October 6. ” The decision follows the significant increase in ATF prices, which have surged in the last three months with successive price hikes every month.
ATF accounts for a substantial portion of an airline’s operating charges, challenging chow adaptation to address such a cost swell,” said the airline in its statement.
A distance up to 500 km will attract a energy charge of Rs 300 which will go up to Rs 1000 as the distance increases. Those reserving tickets for a distance between 1001 to 1500 km will have to pay Rs 550 redundant and for 1501- 2500 km, Rs 650 will be charged.
Also read: SAF: Sustainable Aviation Fuel. Safe, reliable, low carbon.
Distance between 2501 to 3500 km will attract a energy charge of Rs 800. Over 3501 km, energy charge will be Rs 1000. Airlines had last assessed energy cargo in 2018 which was gradationally removed after energy prices were reduced.
Before this month, the Central government had hiked spurt energy prices by a little over 14 per cent, the third straight yearly hike, data showed.
ATF prices were hiked by8.5 per cent in August and1.65 per cent in July, according to a price announcement of state- possessed energy retailers.
IndiGo has further than 60 share of India’s domestic request reported a net profit of Rs 3,090 crore for April- June period. This was the airline’s loftiest daily profit.
