Air travel can be expensive: All airlines can increase air fares from October. Which can make it expensive to travel by air. If you are thinking of flying in the coming festive season (festival 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, increased festivals like Dussehra, Diwali, Navratri, Bhai Dooj are going to come.
Why airfare may increase
According to the news agency language, experts said that stiff competition, increase in oil prices and rising other expenses are negatively impacting the airlines. The recently imposed 5 per cent custom duty on ATF is also making this effect more negative.
After which, for the last few weeks, the airline industry has already indicated an increase in air fares in October. October is a festive season, with a definite increase in the number of air travelers, and according to experts, the profits from these increased prices may reduce the negative impact on airlines.
According to travel portal Yatra.com COO Sharat Dhaal, the 5 percent increase in customs duty on ATF will have a negative impact on airlines. But the good thing for us is that October is a festive season, in which this negative effect can be reduced by increasing fares. On September 10, SpiceJet Chief Ajay Singh also indicated that the fare could be increased in the coming few months.