SpiceJet calls for 10-15 pc hike in airfares amid depreciation of rupee, rise in jet fuel prices ...Middle East

Devdiscourse - Opinion

In the wake of rising prices of jet fuel and the depreciation of the Indian Rupee, India's low-cost airline SpiceJet on Thursday called for 10-15 per cent hikes in airfares to sustain the operation. SpiceJet Chairman and Managing Director (CMD) Ajay Singh on Thursday said there is no option left other than to hike airfare by 10-15 per cent to meet the operation cost of airlines. He emphasised on the continued trend of the weakening of Indian rupees against US dollar (USD) and going up of air turbine fuel (ATF) prices.

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Last updated : 16 June 2022 clock 08:44 AM

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SpiceJet calls for 10-15 pc hike in airfares amid depreciation of rupee, rise in jet fuel prices ...Middle East

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