All airlines may increase airfares from October. Due to which air travel can be expensive. If you are thinking of traveling by air in the coming festive season or in October, then definitely read this information. This increase is expected after the government imposed custom duty on aviation turbine fuel (ATF). This increase can be done till next month’s festive season. Let us tell you that in the coming months, more festivals like Dussehra, Diwali, Navratri, Bhai Dooj are going to come.
Why can increase air fares
are told by experts, according to the news agency language that stiff competition, the rise in oil prices and a negative impact on the growing expenses airlines. The recent customs duty of 5 per cent imposed on ATF is also making this effect more negative. After which the airline industry has already been showing signs of an increase in airfares in October for the last few weeks. October being the festive season, there is a definite increase in the number of air travellers and according to experts, the profits made by these hiked prices can offset the negative impact on the airlines.
According to Sharat Dhal, COO of travel portal Yatra.com, the increase in customs duty on ATF by 5 percent will have a negative impact on airlines. But the good thing for us is that October is the festive season, in which this negative effect can be reduced by increasing the fare. On September 10, SpiceJet chief Ajay Singh had also indicated that fares could be increased in the coming months.
