Get set to pay skyhigh air fares with the start of the peak travel period during the festive season. Oil cos have hiked aviation turbine fuel (ATF) prices by 7%, to all-time high. Now ATF per kilo-litre costs Rs 75,031 in Delhi and Rs 77,632.4 in Mumbai and is the steepest in Kolkata at Rs 85,645.1.
Spot booking fares in the October-mid January season will be high. You can expect a 25%-50% hike in spot fares during that period. The only way to escape high fares is to book at the earliest.