Why Are Airfares Rising? Civil Aviation Minister K Ram Mohan Naidu Explains

Why are airfares coming under pressure ahead of the festive season? Civil Aviation Minister K Ram Mohan Naidu explains the impact of rising aviation turbine fuel (ATF) prices amid the ongoing West Asia crisis. The minister says the government is engaging continuously with airlines and has asked them to keep fares at reasonable levels during the festive period. However, he points out that the increase in airfares is not necessarily driven by festive-season demand alone. According to Naidu, ATF accounts for around 40 to 43% of airfare costs, meaning even a small increase in fuel prices can have a significant impact on ticket prices. Watch what K. Ram Mohan Naidu’s comments on festive airfares, ATF prices, airline pricing and the impact of the West Asia crisis.