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Airfares in the country are set to rise, with IndiGo on Thursday introducing a fuel charge of up to Rs 1,000 based on a flight's distance, in response to the significant rise in aviation turbine fuel (ATF) prices in the last three months. The Indian aviation sector experiences its peak travel season between October and December. The inclusion of a fuel charge component in airfares is anticipated to have a sizable impact on IndiGo's passengers, according to experts.

Concerns over a possible monopoly situation have led the government to put on hold new guidelines stipulating that airlines be checked roughly every six months for usage of airport slots — which they will lose if not used at the prescribed threshold — against the current practice of an annual review, officials said.

The last-minute cancellation of flights has driven up airfares, but rival airlines are likely to benefit from greater elbow room in the competitive market.

Democratise health: Check. Implement substantial tax reforms: Check. Find ways to boost rural consumption: Check. Unveil more production-linked incentive schemes: Check These were some of the key demands of India Inc ahead of the Narendra Modi government's last full Budget before the 2024 elections. Companies across the board expected the government to find ways to woo the

Civil Aviation Minister Jyotiraditya Scindia said in a statement that the Indian aviation sector is on a path of recovery and is expected to continue the same growth ahead, reports PTI.