Due to the ongoing tension with Iran for a long time, there was inflationary pressure in all sectors and airlines were also not untouched by it. However, now the situation is gradually returning to normal and there are signs of relief from these increased costs. According to reports, air passengers may also get some relief soon.
**Big decision on fuel surcharge**
According to reports, Indian airlines are considering removing the fuel surcharge imposed in March this year. This step is being taken after the recent fall in the prices of crude oil and aviation turbine fuel (ATF). Airlines are actively discussing the matter and a decision may be taken by the end of the second quarter or the beginning of the third quarter.
Crude oil prices had increased due to tensions between Iran and the US, due to which aviation fuel prices also increased in March. However, prices have declined since then. Companies now want to see whether this reduction in fuel prices will last for a long time before taking a final decision; Currently, talks are going on on this.
**cheap air tickets**
Reports suggest that fuel surcharge may be removed first for domestic flights, while it is being considered for international routes in a phased manner. If fuel surcharge is removed, air fares may come down, making flights cheaper for passengers than in the recent past.
It is noteworthy that airlines like AirAsia, IndiGo and Air India had imposed surcharge following the recent tensions – a move which is now being considered for removal. The imposition of fuel surcharge had increased ticket prices, resulting in reduced passenger numbers and cancellations or diversion of flights. However, now it seems that things may soon be back on track.
