00:00A massive fuel shock just hit Nepal, and your next flight could cost a lot more.
00:04Nepal has raised jet fuel prices to the highest level in its history.
00:09The jump is huge.
00:11For international airlines, aviation fuel in Kathmandu has surged by more than 77%.
00:16For domestic airlines, the price has nearly doubled.
00:20That means airlines are now facing one of their worst cost spikes ever.
00:24However, the Nepal Oil Corporation says the increase is driven by rising global energy prices linked to the conflict in
00:30West Asia.
00:31And the impact is already being felt.
00:34On the Kathmandu to Denghadi route, fuel surcharge alone has gone up by Rs. 5,480.
00:40The upper one-way fare has now reached Denghutti 2,070.
00:44Even the shortest routes are getting hit, with Kathmandu to Samara seeing a fuel surcharge increase of R1-140.
00:52Airline operators say this could not have come at a worse time.
00:56It is peak tourist season, many tickets were already sold, and most aviation costs are tied to the U.S.
01:02dollar.
01:03That means airlines may now face heavy losses, while passengers pay more.
01:08Nepal's energy pressure is rising fast, and this record fuel hike could shake the entire aviation sector.
01:14PLUS
01:15you
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