- News>
- States
Courier rates may be hiked by 35-40 pc
New Delhi, June 18: Courier rates in the country may be hiked by 35-40 per cent within 15 days following imposition of 67 per cent on-board courier rates by domestic airlines, the APEX organisation of courier companies said today.
New Delhi, June 18: Courier rates in the country may
be hiked by 35-40 per cent within 15 days following imposition
of 67 per cent on-board courier rates by domestic airlines,
the APEX organisation of courier companies said today.
Addressing a press conference here, Tushar Jani, chairman
of the Express Industry Council said if the courier rates were
not increased, the industry would suffer huge losses which
would retard its growth, leading to closure of operations.
"We have written a letter to the civil aviation ministry but we are yet to get a response. If we do not get any response within the next 10-15 days, then we may be forced to pass on the hike in courier baggage rates to the customers", Jani said. He said the companies were able to contain any increase in rates till now by increasing volumes and cutting costs.
Major domestic airlines like Indian Airlines, Jet Airways and Air Sahara have increased the courier baggage rates by about 60 per cent from June 16, 2003.
This was in addition to the seven per cent increase effected in January this year following the gulf war which has led to a total increase of 67 per cent in last six months.
The members of the Express Industry Council represent 80-85 per cent of the total express courier business in the country and about 95 per cent of the overseas business.
Bureau Report
"We have written a letter to the civil aviation ministry but we are yet to get a response. If we do not get any response within the next 10-15 days, then we may be forced to pass on the hike in courier baggage rates to the customers", Jani said. He said the companies were able to contain any increase in rates till now by increasing volumes and cutting costs.
Major domestic airlines like Indian Airlines, Jet Airways and Air Sahara have increased the courier baggage rates by about 60 per cent from June 16, 2003.
This was in addition to the seven per cent increase effected in January this year following the gulf war which has led to a total increase of 67 per cent in last six months.
The members of the Express Industry Council represent 80-85 per cent of the total express courier business in the country and about 95 per cent of the overseas business.
Bureau Report