North India Statesman
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News India Live, Digital Desk: The ongoing war situation in West Asia has shaken not only global peace but also the air travel budget of the common man. After the sudden rise in crude oil prices, now Indian airlines companies like Air India, Indigo and SpiceJet Are you considering increasing your rent?
Why are flight tickets becoming expensive?
Air ticket prices directly ATF (Aviation Turbine Fuel) That is, it is related to aircraft fuel. The total operating expenses of airlines amount to approximately 40-45% Part is spent on fuel alone.
Boiling in Crude Oil: Crude oil prices in the international market are approaching $90 per barrel.
Change in route: Due to it being unsafe to fly over war zones, airlines have to choose longer routes, which has further increased fuel consumption.
Demand and Supply: With the holiday season approaching, the demand for tickets is already high.
How much will it affect the passengers’ pockets?
Experts believe that domestic and international flight fares will rise in the coming weeks. 10% to 25% An increase of up to can be seen. This will especially affect flights to Europe and America, as their routes pass close to West Asia.
