Indigo Fuel Charge Cut: Air travel may become cheaper in the coming days. The country’s largest private airline Indigo has decided to withdraw the decision to impose fuel charge after cutting the prices of air fuel. After the sharp rise in ATF prices, Indigo had decided to impose fuel charge in October 2023. But after the reduction in crude oil prices, the government oil companies have reduced the prices of air fuel, the benefit of which Indigo has decided to pass on to the air passengers.
Promise of affordable air travel
On the decision to reduce fuel charges, Indigo said, ATF prices are dynamic. And we will keep adjusting our fares and components as prices change. Indigo said, the airline remains committed to its promise of providing affordable, on-time, courteous and hassle-free travel to its customers.
Fuel charge was imposed in October 2023
After the increase in air fuel prices, Indigo had decided to impose fuel charges on domestic and international routes ranging from Rs 300 to Rs 1,000 in October 2023. Government oil marketing companies had decided to reduce the prices of air fuel by 4 percent from January 1, 2024, after which Indigo has withdrawn the decision to impose fuel charge.
Airlines spend 40% of their costs on air fuel.
Air fuel accounts for 40 percent of the operating costs of airlines. After the rise in the prices of air fuel, the cost of airlines increases and after which they have to pass the burden on the customers. But after the decline in crude oil prices, while reviewing the prices of air fuel for three consecutive months in November, December and January, the oil companies have reduced the prices, due to which Indigo has decided to remove the fuel charge.
