Photo credit: ANI Air India reduced fuel surcharges on specific international routes on Wednesday as global jet fuel prices eased.The airline has reduced the fuel surcharge per passenger from $205 to $125 for flights to Europe, while it has been cut by $80, to $200, for NorthAmerica and Australia, making travel to these regions more affordable, ANI reported.According to sources quoted by PTI, the revised fuel surcharges are effective from July 1Earlier, the global jet fuel prices had experienced a steep elevation, almost doubling to $195.19 per barrel by the end of March, from $99.40 at theend of February, according to the International Air Transport Association (IATA). The airline announced fuel surcharges on April 7.Aviation Turbine Fuel (ATF), produced by refining crude oil, also witnessed a sharp increase in refinery margins, nearly tripling within threeweeks of February and March, from $27.83 to $81.44 per barrel.According to PTI, ATF accounts for almost 40-45 per cent of an airline’s total cost.The surge in crude oil prices, along with elevated refinery margins, pushed jet fuel costs to some of their highest levels in recent years, significantly increasing operating expenses for airlines worldwide.However, with international jet fuel prices now easing from their March peak, Air India has lowered fuel surcharges on select long-haul international routes, passing on a portion of the savings to passengers.According to ANI, the airline’s decision will be closely watched by the aviation industry, as there have been no such announcements by other Indian carriers. Get the latest India news and live updates. Download the TOI App.About the AuthorTOI News DeskThe TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront of gathering, verifying, and presenting breaking news, in-depth analysis, and insightful reports on a wide range of topics. The TOI News Desk is your trusted source for staying informed and connected to the ever-evolving global landscape, ensuring that our readers are equipped with the latest developments that matter most.”Read MoreEnd of ArticleFollow Us On Social MediaVideosFour Former AIADMK Ministers Switch To TVK; Fresh Political Churn Leaves Six Assembly Seats VacantKarur Stampede Flashpoint: TVK-DMK Clash; Former CM Allegedly Blamed For Loss Of LivesTwin-Flower Symbol Under Threat As EC Examines Mamata And Ritabrata Faction ClaimsRam Mandir Donation Row Deepens As Vinay Katiyar Claims Trust Officials Could Face Jail’Unfortunate, We Are All Hurt’: RSS Issues First Statement On Ayodhya Ram Temple ‘Donation Theft’SC Raises Questions But Grants Relief To Sonam In Raja Raghuvanshi Murder Case Appeal’Will Surrender Before Court’: Jailed Gangster Anmol Bishnoi Wants To Join Salman Khan Firing TrialIndia Set For Major Defence Boost As DAC Reviews HAMMER, Verba And MP-ATGM DealsFamily Alleges Indian Seafarer’s Body Returned Without Organs; Embassy Demands InvestigationISRO Bengaluru Campus Searched After Bomb Threat Email; Police Say No Explosives Found123PhotostoriesMany men ignore these symptoms until it’s too late: Doctor explain the warning signs of prostate problemsGood or bad? Here’s what psychology really says about live-in relationshipsAlia Bhatt and Sharvari Wagh just declared utility dressing the ultimate ‘Alpha’ promotion uniformWhat happens before prayers are answered? 5 signs mentioned in spiritual traditions7 traditional Indian foods that can naturally improve your gut health, according to nutritionist10 types of travel partners that can turn a dream trip into hard workHusband filed for divorce? Here are 7 legal rights he cannot take away from wifeDoctors warn that diabetic kidney damage often has no symptoms: These everyday habits can help lower the risk10 cheapest countries to visit in 2026 offering incredible value for Indian travellersMonsoon is here: 7 fascinating birds closely linked to India’s rainy season, and where to find them123Hot PicksTrump tariffsLuka Modric Net WorthEPF Scheme 2026Amarnath Yatra 2026Income Tax Return FilingMumbai rainUS unemploymentMicrosoft layoffsIndia Japal TradeTop TrendingBrittany MahomesTravis KelceKansas CityFIFA World Cup 2026GTA 6 Estimated SizeNew England PatriotsCandace OwensFIFA War DecisionCA Toppers ListAnitha Radhakrishnan
Air India reduced fuel surcharges on specific international routes on Wednesday as global jet fuel prices eased.The airline has reduced the fuel surcharge per passenger from $205 to $125 for flights to Europe, while it has been cut by $80, to $200, for NorthAmerica and Australia, making travel to these regions more affordable, ANI reported.According to sources quoted by PTI, the revised fuel surcharges are effective from July 1Earlier, the global jet fuel prices had experienced a steep elevation, almost doubling to $195.19 per barrel by the end of March, from $99.40 at theend of February, according to the International Air Transport Association (IATA). The airline announced fuel surcharges on April 7.Aviation Turbine Fuel (ATF), produced by refining crude oil, also witnessed a sharp increase in refinery margins, nearly tripling within threeweeks of February and March, from $27.83 to $81.44 per barrel.According to PTI, ATF accounts for almost 40-45 per cent of an airline’s total cost.The surge in crude oil prices, along with elevated refinery margins, pushed jet fuel costs to some of their highest levels in recent years, significantly increasing operating expenses for airlines worldwide.However, with international jet fuel prices now easing from their March peak, Air India has lowered fuel surcharges on select long-haul international routes, passing on a portion of the savings to passengers.According to ANI, the airline’s decision will be closely watched by the aviation industry, as there have been no such announcements by other Indian carriers.
