Aviation turbine fuel (ATF), or jet fuel, today got cheaper by a steep 12 %
ATF price in Delhi was reduced by Rs 4,765.5 per kilolitre (kl), or 11.9 per cent, to Rs 35,126.82 per kl
This is the third straight monthly reduction. Prices were last cut by 10 per cent on January 01,2016
Jet fuel constitutes over 40 % of an airline’s operating cost and the price cut will lighten the financial burden on cash-strapped carriers
The three fuel retailers – Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum – revise jet fuel and non-subsidised LPG prices on the first day of every month, based on the average international price in the preceding month
ATF price in Delhi was reduced by Rs 4,765.5 per kilolitre (kl), or 11.9 per cent, to Rs 35,126.82 per kl
This is the third straight monthly reduction. Prices were last cut by 10 per cent on January 01,2016
Jet fuel constitutes over 40 % of an airline’s operating cost and the price cut will lighten the financial burden on cash-strapped carriers
The three fuel retailers – Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum – revise jet fuel and non-subsidised LPG prices on the first day of every month, based on the average international price in the preceding month
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