THIRUVANANTHAPURAM: The Confederation of Kerala Tourism Industry (CKTI) on Friday demanded that air fares be reduced in the wake of the drop in petrol prices.
The demand is to boost tourism industry and provide relief to the numerous Keralites working abroad, according to CKTI. The airlines neither reduced the ticket price nor the fuel surcharge. Even the tax on ATF has been retained unchanged, complained CKTI.
“It’s the ideal time for the airlines to slash fares as the fuel price has dropped and the number of passengers increased. The airlines have also made higher profits compared to last year,” said CKTI secretary Narayanan.
According to CAPA (aviation consultancy), the price of ATF has come down by 12.5 pc. The international crude oil price has also dipped by 25 pc against last year’s. The drop will result in a 12-14 pc savings in operating costs, said CAPA.