Revised Jet Airways fares from Oct. 10

By Our Special Correspondent

NEW DELHI, OCT. 7. The revised fares announced today by the Jet Airways will be effective from October 10 on all sectors.

The increase in the Indian rupee fares will be applicable for all tickets issued on or after October 10. For all tickets issued on or before October 9, the return journey should be completed by October 31. However, if any change is made to the flight or date of travel, the difference in fare will be payable.

While Indian Airlines had decided not to raise fares after the recent hike in the price of aviation turbine fuel, Jet Airways today said the hike in fares was due to increase in ATF twice in this year alone resulting in cumulative increase of ATF by 40 per cent.

The airline said there has been increase in the landing and navigational charges payable to the Airports Authority of India (AAI). The progressive depreciation of the Indian rupee has also resulted in increases in the airline's input costs.

The marginal adjustments on select sectors announced last week have been merged within this approximate 10 per cent increase.

There will be no change in the US dollar fares. The Inland Air Travel Tax (IATT) which is paid to the Government will go up proportionately. The Passenger Service Fee (PSF) remains unchanged at INR 125 per flight coupon. Other fares such as point to point, student, senior citizen, military and other special fares will also be proportionately revised.

Earlier Jet Airways had announced an increase of 18 to 20 per cent. Apparently in view of the decision of Indian Airlines not to revise fares, the private airline has decided to scale down the revision. Jet Airways has a market share of about 34 per cent.

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