Scaling new highs: ATF past Rs 100,000-mark for first time in history

Airlines unlikely to pass on Jet fuel price hike to customers

There can be relief for airlines as retailers feel that jet fuel prices will soften over the next fortnight. The price of jet fuel saw a spike of over 18 per cent on Wednesday, breaching the Rs 100,000-mark for the first time in history.

However, airline executives said it will not be possible to pass on such an increase to customers as fares have already been increased over the last two-three weeks.

“We would ideally want to pass on the increased cost but it will not be possible without hitting demand. Hopefully, with the opening up of international flights, the