Globally, the US topped the list of countries, followed by the UK, Canada, Spain, Germany and Italy
business2 days ago
A recent decision by a low-cost Indian airline, IndiGo, to drop its fuel charges has resulted in a fall in ticket prices. That’s according to UAE travel agents.
“This move by IndiGo has caused ticket prices to fall in several segments like Delhi, Mumbai and parts of Kerala and it has dropped below Dh400,” said Praveen Chowdhary from Saffron Travel and Tourism. “Ticket prices in other segments have also dropped in accordance with the move.”
It was on Thursday that the budget airline announced its decision to remove the fuel charge after a recent reduction in Aviation Turbine Fuel (ATF) prices.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
"As ATF prices are dynamic, we will continue to adjust our fares and components thereof, to respond to any change in prices or market conditions," said the airline in a press release.
Another travel agent, Afi Ahmed from Smart Travels, also reported seeing lower rates. “We are seeing a drop of up to 4 per cent in ticket prices due to the cancellation of the fuel charges,” he said. “That combined with a lean travel period means that the ticket charges to India are some of the most competitive prices we have seen in recent times.”
IndiGo introduced the fuel charge on all its domestic and international flights in October 2023, after consecutive surges in ATF prices for several months.
The airline started levying a fuel charge from approximately Dh15 to Dh50 on every ticket after four consecutive months of increasing ATF. Starting from November, the ATF prices have been slashed for three months in a row, much to the relief of airlines and passengers.
According to Praveen, other budget airlines are likely to follow suit. “I am pretty sure there is at least one other airline which is likely to the do the same thing as IndiGo,” he said. “So, I think there will be more price drops.”
ALSO READ:
Globally, the US topped the list of countries, followed by the UK, Canada, Spain, Germany and Italy
business2 days ago
The Dallas-based chain said normal operations will continue in all of the franchise locations both in the US and internationally
business2 days ago
The first integrated gaming resort in the Middle East North Africa region will be able to touch 96% of the world population within an eight-hour flight
business2 days ago
The Israel-Hamas war has recently expanded to Lebanon and Iran, causing massive loss of human lives and economies
business4 days ago
Revenue growth was primarily driven by increased patient demand
business4 days ago
Dh5 billion Binghatti Skyrise takes developer’s current portfolio size to Dh40 billion
business4 days ago
Nama 5 at Al Mamsha Raseel launched Nama 4 sold out in under one month
business4 days ago
The first phase of the project on Reem Island features two districts
business4 days ago