Airfares to cost you more as aviation fuel price hikes by 6%
  • Contact Us
  • Privacy Policy
  • Disclaimer
Friday, July 1, 2022
Yo Vizag
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Covid-19
      • Important Helpline Numbers
      • Hospitals in Vizag
      • Donate Plasma
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join NowTelegram Channel
No Result
View All Result
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Covid-19
      • Important Helpline Numbers
      • Hospitals in Vizag
      • Donate Plasma
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join NowTelegram Channel
No Result
View All Result
Yo Vizag
No Result
View All Result
Home News/City Updates

Airfares to cost you more as aviation fuel price hikes by 6%

02/10/2017
in News/City Updates
Reading Time: 1 min read
0
airfares

airfares

Share on FacebookShare on TwitterShare on WhatsAppShare on TelegramShare on Email

The airfares will pinch our pockets more and that is because of the third consecutive hike in rates of aviation fuel by 6%. Aviation Turbine Fuel, ATF rates have seen a continuous increase owing to the strengthening global crude oil prices. This has forced the Oil Management Companies to effect the price hike. Increasing steadily over the past few months the ATF prices have shot up by 12.8% from Rs. 47,013 by July end to Rs. 53 ,045 right now. Airfares have thus seen a consequent increase.  The steady price of airfares has not given way to prices pushing upward limits.

Not just the passengers and travelers but also the airlines are going to take a loss to their margins. The peak travel and holiday season in October to December will work against the airline because of the hiked prices of airfares.

Experts have observed that increase in prices and rupee depreciation will cut into profit margins for the air service providers. With the current trend of crude oil prices and rupee in international market the airfares will be hiked by minimum 5 to 6% for maintaining unit profitability.

Tags: air ticketsairfaresairline operatorsairline ticketsairlinesairlines in indiaaviation fuelcrude oil pricenational newsNewsticket pricesvisakhapatnamvizagvizag news
Share126Tweet65SendShareSend

Related Posts

5 imposters extort ₹76,000 from tourists in Bheemili, Visakhapatnam
News/City Updates

5 imposters extort ₹76,000 from tourists in Bheemili, Visakhapatnam

30/06/2022
Jagannath Rath Yatra to be held on 1 July in Visakhapatnam
News/City Updates

Jagannath Rath Yatra to be held on 1 July in Visakhapatnam

30/06/2022
VMRDA open auditorium inaugurated in Gajuwaka, Visakhapatnam
News/City Updates

VMRDA open auditorium inaugurated at Gajuwaka, Visakhapatnam

30/06/2022
7 food stalls in Vizag that are perfect for this monsoon season
Food & Drink

7 food stalls in Vizag that are perfect for this monsoon season

29/06/2022 - Updated on 30/06/2022
Load More

Discussion about this post

Popular Posts

  • Top 8 Malayalam movies on Amazon Prime Video you must watch

    8 brilliant Malayalam movies you must watch on Amazon Prime Video

    33686 shares
    Share 13474 Tweet 8421
  • 7 movies releasing on OTTs this week of June to keep you entertained

    21669 shares
    Share 8667 Tweet 5417
  • Bigg Boss 4 Telugu: Voting numbers of contestants nominated for elimination in fourth week

    16873 shares
    Share 6749 Tweet 4218
  • Former TTD head priest Srinivasa Deekshitulu passes away due to COVID-19

    15257 shares
    Share 6103 Tweet 3814
  • 10 Indian web series on Amazon Prime, Netflix and other OTTs that you must watch

    14423 shares
    Share 5778 Tweet 3602
Vizag

With a distinction of being the oldest lifestyle magazine in Andhra Pradesh, Yo! Vizag has been catering engaging content to its readers for the past 10 years. From covering various happenings in the city to providing entertaining content, we keep our followers hooked day in and day out. Stay tuned to Yo! Vizag to get your daily capsule of news and entertainment.

  • Contact Us
  • Privacy Policy
  • Disclaimer

Recent Posts

Look out for these movies releasing in the theatres on 1st July 2022 

Look out for these movies releasing in the theatres on 1st July 2022 

by Team Yo! Vizag
28/06/2022
0

...

Vizag to Germany: Flights, prices and everything you need to know 

Vizag to Germany: Flights, prices and everything you need to know 

by Team Yo! Vizag
28/06/2022
0

...

Vizag Task Force arrests two for smuggling 300 kgs of ganja from Paderu

Vizag Task Force arrests two for smuggling 300 kgs of ganja from Paderu

by Team Yo! Vizag
28/06/2022
0

...

© 2020 DSA Media Publications - Brewed with ♥ by ideafirst

No Result
View All Result
  • Magazine
  • News
  • People
  • Food & Drink
  • Opinion
  • Entertainment
  • Lifestyle
  • More
    • Covid-19
      • Important Helpline Numbers
      • Hospitals in Vizag
      • Donate Plasma
    • Heritage
    • Travel
    • Beauty & Wellness
    • Behind The Name – Vizag
    • Buddhist Sites In Vizag
    • Places To See In Vizag
    • Religious Places
    • Beach in
    • Vintage Vizag
    • Visakhapatnam Pincode
    • Vizianagaram Pincode List
  • Join Now

© 2020 Yo Vizag - Brewed with ♥ by ideafirst.

Vizag
Posting....