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Jet fuel prices reduced by 2.3 per cent to Rs 1.17 lakh per kilolitre.


Date: 02-12-2022
Subject: Jet fuel prices reduced by 2.3 per cent to Rs 1.17 lakh per kilolitre
Aviation Turbine Fuel (ATF) price on Thursday was slashed by 2.3 per cent to Rs 1,17,587.64 per kl in Delhi.

This can be attributed to softening of international oil prices, however, petrol and diesel rates remained on freeze for a record eighth month in running.

The jet fuel price was cut by Rs 2,775 per kilolitre, according to a price notification of state-owned fuel retailers.

The rate reduction, which will provide relief to airlines for whom fuel makes for almost 40 per cent of the operating cost, comes on the back of a Rs 4,842.37 per kl, or 4.19 per cent, reduction last month.

The rate reduction, which will provide relief to airlines for whom fuel makes for almost 40 per cent of the operating cost, comes on the back of a Rs 4,842.37 per kl, or 4.19 per cent, reduction last month.

Source Name:-Economic Times
   

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