IndiGo removes the Fuel Charge w.e.f. 04 Jan 2024

IndiGo, India's leading airline, is pleased to announce the removal of fuel charge applicable on its on domestic and international routes, effective January 04, 2024. The fuel charge had been introduced in October 2023, following a surge in Aviation Turbine Fuel (ATF) prices. With recent reduction in ATF prices, IndiGo is withdrawing the charge.

As ATF prices are dynamic, we will continue to adjust our fares and components thereof, to respond to any change in prices or market conditions. IndiGo remains committed to its promise of providing of affordable, on-time, courteous, and hassle-free travel for our customers.

Shares of InterGlobe Aviation Limited was last trading in BSE at Rs. 2995.55 as compared to the previous close of Rs. 2993.20. The total number of shares traded during the day was 16146 in over 1941 trades.

The stock hit an intraday high of Rs. 3005.95 and intraday low of 2966.00. The net turnover during the day was Rs. 48272350.00.

Source : Equity Bulls

Keywords

InterGlobeAviation INE646L01027 INDIGO Airlines FuelCharge Removal Domestic International