@Economic Times: Domestic airlines such as Jet Airways, Air India, Kingfisher Airlines and low-cost carriers are planning to raise air fares by up to 25%, in January, encouraged by the recent rise in air travel and a higher passenger load factor. A few airline companies have already hiked fares on select and profitable routes. Airlines are eager to raise fares as they have been reeling under huge losses after indulging in aggressive price cuts in the past to attract passengers. High oil prices in 2007 and charges levied by airports that were privatized, had also affected their profitability.

• Tweet
• Pin It