In the midst of a massive restructuring to cut costs and overcome a liquidity crunch, private carrier Jet Airways today hiked fuel surcharge on domestic flights by up to Rs 300.
The increase in surcharge follows hike in Aviation Turbine Fuel last week. State-run oil companies had on April 15 raised prices of jet fuel for the third time in a month, by about 6.7 per cent.
Rs 200 has increased the surcharge for sectors below 750 km and Rs 300 for over 750 km, a Jet Airways spokesperson said.
The Naresh Goyal-owned airline looks likely to close down some of its sales offices in major cities as part of fresh cost-cutting measures. Reports also suggest that about 400 of its employees may lose jobs.
Jet Airways had confirmed that it was carrying out a major restructuring process, including shutting down and merging some of its sales offices in major cities.
"The aviation industry is undergoing a severe crisis worldwide and Jet Airways is taking a proactive approach to improve its viability," it said in the statement on Thursday.
An Air India spokesperson told PTI it had "no immediate plans" to revise fuel surcharge.