Sharp rise in domestic airfares: Govt introduces 25% cut in landing, parking charges amid West Asia war
Mint·2h ago·Positivity
What Happened
India's Ministry of Civil Aviation directed airports to reduce landing and parking charges by 25% for three months to control rising domestic airfares. The Airports Authority of India and major airports will implement the cuts immediately for domestic flights. The measure aims to save airlines approximately ₹400 crore. Rising operational costs stem from West Asia tensions, which increased global jet fuel prices by nearly 100%, prompting airlines to introduce fuel surcharges.
Key Entities
Ministry of Civil AviationAirports Authority of IndiaAir IndiaIndiGoWest Asia crisisJet fuel prices₹400 crore