Aviation giant Air India group on Tuesday revised its fuel surcharge across domestic and international routes, as Middle East tensions continued to weigh oil supplies across the globe. The move follows the decision by the ministry of petroleum & natural gas and the ministry of civil aviation to cap the increase in domestic aviation turbine fuel (atf) prices at 25%. For domestic travel, the airline will replace its existing flat surcharge with a distance-linked structure. The revised domestic surcharge will come into effect from 0901 hrs IST on April 8, 2026, and will apply across the group, including Air India Express flights.As per the latest data released by the International Air Transport Association (IATA), the global average jet fuel price nearly doubled within a month, rising from $99.40 per barrel at the end of February to $195.19 for the week ending March 27, 2026.

Here’s how much more you will pay from Wednesday:

On the international front, the airline has introduced steeper revisions, citing the lack of similar price controls on ATF. Effective from 0901 hrs IST on April 8, 2026, passengers flying to SAARC destinations (excluding Bangladesh) will pay a surcharge of $24 per sector. Charges for the Middle East have been set at $50, while routes to China and Southeast Asia (excluding Singapore) will attract $100. The surcharge for Singapore stands at $60, and for Africa at $130.For flights to Europe, including the United Kingdom, the surcharge has been fixed at $205. Meanwhile, passengers travelling to North America and Australia will be charged $280 per sector, with these rates taking effect from 0001 hrs IST on April 10, 2026.

Why Air India introduced the surcharge?

The airline pointed out that the increase is not limited to crude oil prices alone. Refinery margins, referred to as ‘crack spread’, have also surged sharply, climbing from $27.83 per barrel for the week ending February 27 to $81.44 by March 27. This combination has intensified cost pressures for airlines worldwide. Air India stated that even after the revision, the updated international fuel surcharge does not fully offset the rise in fuel costs, and a substantial portion continues to be absorbed by the airline. The airline added that revisions for flights to and from Bangladesh, along with Far East destinations such as Japan, Hong Kong and South Korea, will be announced later, subject to regulatory approvals. Air India clarified that tickets issued before the revised timelines will not be subject to the new surcharge unless passengers make changes to their travel plans that require a recalculation of fares.

Stock market today: Dalal Street opened in red on Tuesday, with benchmark indices slipping 0.9% as oil prices continued to rise and US President Donald Trump’s deadline for Iran nears. While Nifty50 began the day below 22,800, Sensex fell over 800 points in early trade to touch 73,282.41. As of 9:20 am, Nifty50 was trading at 22,765.45, down 202.80 or 0.88%. BSE Sensex made slight recovery, down 694.03 points or 0.94% to 73,412.82.This fall comes after a sharp rebound in the previous session, when both Sensex and Nifty recovered strongly, erasing early losses triggered by rising crude oil prices as tensions continued to intensify in the Middle East. Traders attributed the rise to intense buying in banking and IT stocks, along with a strengthening rupee, that lifted investor’s confidence.During the volatile session on Monday, the 30-share BSE Sensex surged 787.30 points, or 1.07%, to settle at 74,106.85. During intraday trade, it had jumped 887.91 points, or 1.21%, to touch 74,207.46. Market breadth remained firmly positive, with 3,207 stocks advancing, 1,147 declining and 190 remaining unchanged on the BSE.The 50-share NSE Nifty also ended higher, rising 255.15 points, or 1.12%, to close at 22,968.25. Rupee, however, stayed firm on Tuesday, opening at 93.0025 per US dollar, rising 0.06% from its previous close of 93.06 against the greenback.In global markets, oil prices climbed while equities showed a mixed trend as investors assessed Donald Trump’s latest deadline for Iran to reopen the strategic Strait of Hormuz or face being “decimated”.West Texas Intermediate rose 2.6% to $115.34 per barrel, and Brent North Sea crude gained 1.3% to $111.24 per barrel. Across Asia, Tokyo’s Nikkei 225 slipped 0.2% to 53,323.41 in early trade, while Shanghai’s Composite index rose 0.5% to 3,899.09. Hong Kong’s Hang Seng Index remained closed for a holiday.In currency markets, euro weakened to $1.1530 from $1.1543 on Monday, while the pound dipped to $1.3216 from $1.3236. The dollar strengthened against the yen to 159.86 from 159.68. The euro also edged lower against the pound to 87.25 pence from 87.27 pence. In the US, the Dow Jones Industrial Average ended 0.4% higher at 46,669.88, while London markets were closed for a holiday.