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IndiGo Joins Air India In Introducing Fuel Surcharge On Domestic And International Flights

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IndiGo Joins Air India In Introducing Fuel Surcharge On Domestic And International Flights


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IndiGo cited a sharp rise in fuel prices caused by the ongoing conflict in West Asia for the implementation of an additional fuel charge on flights.

IndiGo has introduced an additional fuel surcharge for flights. (Representational Image)

IndiGo has introduced an additional fuel surcharge for flights. (Representational Image)

IndiGo announced on Friday that it will implement a fuel surcharge on both domestic and international flights starting Saturday, March 14, citing a sharp rise in fuel prices caused by the ongoing conflict in West Asia.

The airline said the International Air Transport Association’s (IATA) Jet Fuel Monitor has indicated an increase of more than 85% in fuel prices for the region due to the conflict. “This sudden and steep increase will have a material impact on all airlines’ costs and networks, including IndiGo’s,” it said.

“While offsetting the entire impact of this fuel price surge requires a very substantial adjustment to fares, IndiGo has introduced a relatively smaller amount as a Fuel Charge keeping in mind the consequential burden on customers,” the airline said in the statement.

This came after Air India announced a phased expansion of fuel surcharges across its domestic and international network after a sharp rise in aviation turbine fuel (ATF) prices driven by the ongoing crisis in West Asia.

Changes In Fuel Prices

From March 14, overall prices for all new bookings on IndiGo flights will carry an additional fuel charge per sector, which are as follows:

  • Within Domestic India – Rs 425
  • Indian Subcontinent – Rs 425
  • Middle East – Rs 900
  • South East Asia and China – Rs 1,800
  • Africa and West Asia – Rs 1,800
  • Europe – Rs 2,300

“IndiGo regrets the inconvenience resulting from this additional charge and reiterates that the measure has been driven by a sudden and substantial change in the operating environment. IndiGo will continue to monitor the situation and make relevant adjustments as and when appropriate,” the airline said.

This came as oil prices went up over $100 per barrel after the US-Israeli war against Iran, which resulted in a virtual closure of the Strait of Hormuz that carries 20% of global crude oil and gas supplies. Although oil prices dipped on Friday after an Indian tanker sailed through the strait, they were on track for more disruptions due to the war.

Meanwhile, the US issued a 30-day license for countries to buy Russian ⁠oil and petroleum products stranded at sea. US Treasury Secretary Scott Bessent said it was a step to stabilise global energy markets roiled by the ongoing conflict.

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‘I had £20,000 stolen and had to fight a 13-month fraud reporting rule to get it back’

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‘I had £20,000 stolen and had to fight a 13-month fraud reporting rule to get it back’



Sarah has now got her money back but there are calls to reform the deadline for reporting scams to banks.



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Intellia Therapeutics says its Crispr-based treatment succeeds in pivotal trial

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Intellia Therapeutics says its Crispr-based treatment succeeds in pivotal trial


Intellia Therapeutics, building exterior and company sign, Cambridge, Massachusetts, USA.

Spencer Grant | Universal Images Group | Getty Images

Intellia Therapeutics said its Crispr-based treatment for a rare swelling condition met its goals in a late-stage trial, marking a milestone for the field of gene editing and putting the company on track to seek approval from the U.S. Food and Drug Administration.

The company’s treatment uses Nobel Prize-winning technology Crispr to edit DNA and turn off the gene that controls production of a peptide that’s overactive in people with hereditary angioedema, causing them to experience potentially life-threatening swelling attacks. Intellia’s treatment is administered once through an hourslong infusion, making the edits directly in the liver.

Intellia said the one-time treatment reduced attacks by 87% compared with a placebo, meeting the study’s main goal. Six months after treatment, 62% of patients were free from attacks and weren’t using other therapies, Intellia said.

The company described the safety and tolerability of the treatment as “favorable,” reporting the most common side effects were infusion-related reactions, headaches and fatigue. Analysts were closely watching safety in the trial since a patient in a separate trial of a different treatment from Intellia died. That patient developed a liver injury and ultimately died from septic shock following an ulcer, according to the company.

“When you think about where we started with Crispr, just 12 years ago with some of the fundamental insights, I think there was a lot of talk about what might be possible, and we’ve had reports along the way in terms of milestones, but this is the first Phase 3 data in any indication with in vivo Crispr where you’re actually changing a gene that causes disease,” said Intellia CEO John Leonard.

The only FDA-approved Crispr-based medicine comes from Vertex Pharmaceuticals. Called Casgevy, the gene editing is done outside the body, or ex vivo. The process requires collecting a person’s blood cells, making the edits outside the body, then reinfusing them back into a patient. Intellia’s treatment, meanwhile, makes the edits inside the body, or in vivo.

Intellia said it has started a rolling application with the FDA and plans to complete the filing in the second half of this year. The company expects to launch the treatment in the U.S. in the first half of next year, if it’s approved.

If approved, Intellia’s treatment, lonvoguran ziclumeran, will compete with about a dozen other chronic drugs for HAE. Despite the allure of a one-time treatment, genetic medicines haven’t always been a commercial successes. BioMarin withdrew its gene therapy for Hemophilia A because of weak sales, for example.

Leonard said there are important differences between the two, like the fact that BioMarin’s therapy faced questions about how long the effects would last. In contrast, he said Intellia hasn’t seen a single case in almost six years where the effects diminished over time.

Despite the results, he’s reluctant to call Intellia’s treatment a functional cure.

“I think this is a tipping point for the disease and tipping point for Crispr-based in vivo therapy where you can make a change [and] it’s permanent,” Leonard said. “And, as far as we can tell, we don’t have a single patient in this program or other program where there’s been any waning of the effect of what we did to the gene or the effect of what we’ve seen with the clinical aspects of the disease itself. So it’s pretty exciting.”

Clarification: This story has been updated to clarify that a patient in a separate trial of a different treatment from Intellia developed acute liver injury and ultimately died from septic shock following an ulcer.

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European flight prices are falling in short-term, Wizz Air boss says

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European flight prices are falling in short-term, Wizz Air boss says



While many airlines say they are raising prices due to high fuel costs, József Váradi says European airlines are trying to boost demand



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