Airlines may not be able to pass on rising jet fuel costs to passengers

With crude oil prices rising every day amid the Russian invasion of Ukraine, jet fuel prices are also rising.

However, Indian airlines will find it difficult to pass on these costs to passengers, as per a report by Mint.

The cost pressure comes at a time when passenger traffic has been making a recovery, after the pandemic.

With Indian passengers being price-sensitive and competition from road and rail transport, airlines will find it difficult to raise prices steeply, a source told the publication.

“At the same time, demand is just recovering, so it may be difficult to pass on the costs entirely,” the source added.