Kingfisher, Jet agree to drop fares if ATF comes under declared goods

India’s two largest private airlines — Kingfisher Airlines and Jet Airways — are actively contemplating another round of fare cuts if the
Aviation

government puts aviation turbine fuel under the "declared goods" category.

In a statement on Monday afternoon, Kingfisher Airlines said: "Once the government brings ATF under the declared goods category, we will immediately and significantly reduce fares."

Sources said Jet Airways, which has an operational alliance with Kingfisher, may also take a similar decision if ATF comes under declared goods.

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