Fuel hike is inevitable in current scenario . It is basic law of economics, scares commodity command higher prices then the commodity which are in plenty.
More over i believe , OPEC nations are putting oil prices higer because they know that their Oil reserves are not going to last for longer so they just want to take out maximum from it.
So the price hike by airliines is much needed painful decision because of this cut throat competition all airlines are fighting for penny and this increase in fare is obviously going to have bad impact on their balance sheet.
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