After Air India IndiGo, Akasa Air also raises airfares:Airline to levy fuel surcharge of ₹199-1,300 on flight tickets amid surge in jet fuel prices

Akasa Air is the latest airline to jump on the bandwagon of carriers that have raised airfares, citing an increase in jet fuel costs. The Mumbai-headquartered low-cost airline has announced levy of fuel surcharge of ₹199-1,300 on domestic and international flight tickets, effective Sunday, 15 March, 2026. Akasa Air will introduce a fuel surcharge ranging from INR 199 to INR 1300 on our domestic and international routes, for all bookings that are made with effect from 00:01 hrs on March 15, 2026. -Akasa Air Earlier, IndiGo had announced that it would impose a fuel surcharge on all domestic and international flight tickets starting March 14, citing a sharp rise in jet fuel prices amid tensions in the Middle East. The Gurugram-based airline had said the surcharge would range between ₹425 and ₹2,300 depending on the distance of travel. The revised ticket prices, including the additional fuel charge, came into effect from 12 am on 14 March. Jet fuel prices rise sharply due to conflict According to the airline, jet fuel prices have increased by nearly 85% due to the ongoing conflict involving Iran, United States and Israel. The airline had said the surcharge was necessary to offset the rising operational costs caused by the surge in fuel prices. IndiGo had added that it had set the surcharge based on different travel distances to minimise the burden on passengers. The company also stated that it would continue to monitor the situation and may revise the surcharge if fuel prices change. Air India Group airlines also increased fares Earlier, Air India had also announced a fuel surcharge on domestic flights. From March 12, the airline began charging an additional ₹399 on domestic flight tickets. For international routes, Air India increased ticket prices by around 15%. The airline cited rising aviation fuel costs as the reason behind the fare revision.
Oil supply disruption and rising crude prices The rise in jet fuel prices has been linked to disruptions in the global oil supply chain after tensions escalated in the Middle East and shipping routes through the Strait of Hormuz were affected. As a result, global crude oil prices have been rising steadily. The price of Brent crude oil currently hovers around $103 per barrel, after recently touching nearly $120 per barrel.