IndiGo warns on impact of fuel costs

IndiGo’s chief executive Ronojoy Dutta has commented that India needs to rationalise taxes on jet fuel, to make flying “viable for airlines and affordable for consumers”, warning that the airline industry will suffer as global oil prices continue to rise. IndiGo has requested that aviation turbine fuel (ATF) be folded into the goods and services tax (GST). Dutta said: “We are in talks with the government… such measures are needed now more than ever” to offset rising costs. “ATF constitutes over 45% of the operational cost of the airline, hence this situation will have an adverse effect on us. (But)