Air travel to become dearer! Jet fuel price hiked by 5%
Business | May 16, 2022 12:17 ISTFuel prices have hiked by a whopping 61.7 percent from Rs 72,062 per kilolitre to Rs 1.23 lakh per kilolitre since January this year.
Fuel prices have hiked by a whopping 61.7 percent from Rs 72,062 per kilolitre to Rs 1.23 lakh per kilolitre since January this year.
The increase - sixth straight this year - led to prices soaring past the Rs 1-lakh-per-kilolitre mark for the first time ever.
Rates were hiked by a record 56.6 per cent (Rs 12,126.75 per kl) on June 1, followed by Rs 5,494.5 per kl (16.3 per cent) increase on June 16. Price was hiked by Rs 2,922.94 per kl or 7.48 per cent on July 1.
Jet fuel or ATF price was on Wednesday hiked by 2.6 per cent and that of non-subsidised cooking gas LPG by Rs 19 per cylinder on the back of a rise in international rates. Price of Aviation Turbine Fuel (ATF), used to power aeroplanes, was raised by Rs 1,637.25 per kilolitre, or 2.6 per cent, to Rs 64,323.76 per kl in Delhi.
The price of non-subsidised LPG or market priced cooking gas has been hiked by Rs 93 to Rs 742 per bottle. At the last revision on October 1 the rate was hiked by Rs 50 to Rs 649 per bottle.
New Delhi, Nov 30: State-owned oil companies today hiked jet fuel price by a steep 3.7 per cent, the third increase in rates in a month.The price of aviation turbine fuel (ATF), or jet fuel,
New Delhi, July 15: State-owned oil firms today hiked jet fuel or ATF price by a marginal Rs 78 per kilolitre with effect from midnight tonight.Aviation Turbine Fuel (ATF) in Delhi will cost Rs 56,324.79
New Delhi, May 15 : In the first reduction in more than seven months, state-owned oil companies today cut jet fuel price by over 2.9 per cent after international oil rates cooled off from two-year
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