the link below opens an article which talks of rising ATF prices in India. pls have a look.
http://economictimes.indiatimes.com/art ... urpg-2.cms
The article mentions that the local market rates of ATf are based on global crude oil prices. Inspite of a cut in the excise duty on ATf in January 2004, sales tax on ATF has been on a rise. Consequently, domestic airlines have to raise their prices almost every other month.
Even though the budget-airline phenomenon has become quite a hit in India, travellers continue to suffer due to such erratic price hikes.
Do any of you notice such trends in ATF in your part of the globe?
Soaring ATF prices in the local market....
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- Posts: 5
- Joined: 03 Nov 2004, 00:00
- Location: India
solution?
hmmmm.....so what could be the solution for such a problem? what can the govt and the local oil companies here do curtail rising ATF prices and make air-travel affordable to the common man?