{"id":498807,"date":"2022-06-17T09:52:27","date_gmt":"2022-06-17T04:22:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=498807"},"modified":"2022-06-17T10:49:04","modified_gmt":"2022-06-17T05:19:04","slug":"minimum-10-15-increase-in-airfares-must-due-to-atf-price-increase-rupee-slide-spicejet-cmd-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/minimum-10-15-increase-in-airfares-must-due-to-atf-price-increase-rupee-slide-spicejet-cmd-2\/","title":{"rendered":"Minimum 10-15% increase in airfares must due to ATF price increase, rupee slide: SpiceJet CMD"},"content":{"rendered":"<p>Amid a sharp rise in aviation turbine fuel (ATF) prices, domestic airlines have no choice but to immediately increase airfares, according to the Chairman and Managing Director of SpiceJet.<\/p>\n<p>\u201cWe believe that a minimum 10-15 per cent increase in fares is required to ensure that cost of operations are better sustained,\u201d Ajay Singh said.<\/p>\n<p>His statement comes at a time when aviation fuel prices have hit an all-time high of Rs 1.41 lakh\/KL following a massive 16.3 per cent hike. In the last six months alone, the cost of jet fuel has increased 91 per cent and nearly doubled in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid a sharp rise in aviation turbine fuel (ATF) prices, domestic airlines have no choice but to immediately increase airfares, according to the Chairman and Managing Director of SpiceJet. \u201cWe believe that a minimum 10-15 per cent increase in fares is required to ensure that cost of operations are better sustained,\u201d Ajay Singh said. His statement comes at a time when aviation fuel prices have hit an all-time high of Rs 1.41 lakh\/KL following a massive 16.3 per cent hike. In the last six months alone, the cost of jet fuel has increased 91 per cent and nearly doubled in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-498807","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/498807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=498807"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/498807\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=498807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=498807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=498807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}