US-Israel-Iran conflict: Air India to add fuel surcharge on domestic, international routes amid geopolitical tensions
The Air India group on Tuesday announced a phased increase in fuel surcharges on both domestic and international flights, citing the sharp rise in jet fuel prices driven by geopolitical tensions in the Gulf region.
In a press release, the company said that since March, aviation turbine fuel (ATF), which accounts for roughly 40% of an airline’s operating costs, has seen a significant price jump due to supply interruptions.
