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Airfare slashed by as much as 18.31%

KATHMANDU, Feb 18: A day after Nepal Oil Corporation (NOC) reduced price of Aviation Turbine Fuel (ATF), domestic airlines have lowered airfare by as much as 18.31 percent.

The new fare will come into effect from Thursday.

The meeting of Airlines Operators Association of Nepal (AOAN) held on Wednesday took the decision to this effect.
According to AOAN, airfare to different domestic destinations has come down by at least 16.26 percent and a maximum by 18.31 percent.
Fare

“The airfare has been adjusted as we have understanding with the government to revise airfare whenever price of ATF goes up or comes down by a minimum of Rs 4 per liter,” Prajwal Thapa, marketing manager of Simrik Airlines — a member airline of AOAN — told Republica.

NOC, which had raised ATF price significantly to make up for losses incurred while airlifting the fuel during Indian blockade, had reduced price of ATF for domestic airlines by Rs 55.88 per liter to Rs 109 on Tuesday. The oil monopoly had raised price of ATF to Rs 164.88 per liter from Rs 118 per liter after it started airlifting ATF during the blockade.

As per the revised airfare, passengers will have to pay Rs 2,765 for a flight to Simara, the nearest airport from Kathmandu, and Rs 10,990 to Dhangadhi, the farthest airport from Kathmandu.

Similarly, airfare to Pokhara has been reduced by Rs 930 to Rs 4,395 and Bhairahawa by Rs 1,135 to Rs 5,505. Likewise, the airfare to Biratnagar and Nepalgunj has come down to Rs 6,290 and Rs 8,250, respectively, from Rs 7,560 and Rs 9,865 respectively.

Likewise, airfare for mountain flight has come down from Rs 11,450 to Rs 9,385.

Source : myrepublica, 18th Feb, 2015, 8.00

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