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Money > PTI > Report November 5, 2002 | 2112 IST |
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Jet Airways to hike fares from Nov 10Jet Airways announced a ten per cent across the board fare hike on all its flights from November 10. The fare revision would be applicable on all sectors in normal, business and economy classes, Jet Airways chief executive officer S K Dutta said. Aviation sources said that the national carrier Indian Airlines is also contemplating a fare revision. The move by the two airlines signals an end to fierce competition to woo passengers during the lean season severely hit in the wake of the September 11 terror attack. Now with lean period coming to an end, the two airlines have decided to hike the fares to derive maximum benefits. Meanwhile, Jet Airways executive director Saroj Dutta attributed the fare hike to rise in fuel and landing prices. He said the recent rise in fuel prices and an earlier hike in landing and navigation charges had left the airline with no other option but to increase the fares. The Apex fares (discounted) will, however, continue for some more time but might be reviewed, Dutta said.
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