Aviation Turbine Fuel ATF Price Slashed By 2,775 Per Kilolitre To Rs 1.17 Lakh Per Kilolitre Relief To Airlines Petrol And Diesel Prices Freeze | NewsBust Aviation Turbine Fuel ATF Price Slashed By 2,775 Per Kilolitre To Rs 1.17 Lakh Per Kilolitre Relief To Airlines Petrol And Diesel Prices Freeze | NewsBust

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Aviation Turbine Fuel ATF Price Slashed By 2,775 Per Kilolitre To Rs 1.17 Lakh Per Kilolitre Relief To Airlines Petrol And Diesel Prices Freeze

By Amit - December 1, 2022

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ATF Price: Air travel is expected to become cheaper due to the reduction in the price of jet fuel.

New Delhi:

State-owned Indian Oil Corporation (IOCL) has released new prices of Aviation Turbine Fuel (ATF) on Thursday. In which airline companies have got a big relief. The price of jet fuel (ATF) has been cut by 2.3 percent. This reflects the softening of oil prices in the international markets. However, there has been no change in the prices of petrol and diesel. In this way, the price of petrol and diesel has remained stable for 8 consecutive months. Petrol is available at Rs 96.72 per liter and diesel at Rs 89.62 per liter in Delhi.

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According to the information given by the Indian Oil Corporation (IOCL), the price of Aviation Turbine Fuel (ATF Price Cut) in the national capital Delhi has decreased by Rs 2,775 per kiloliter ie 2.3 percent to Rs 1,17,587.64 per kiloliter.

Airline companies will get relief to a great extent due to the reduction in the price of ATF. because of any flight
Jet fuel i.e. ATF accounts for about 40 percent of the operation cost. Not only this, common people are also likely to get some relief from this. This is expected to make air travel cheaper.

ATF prices are revised on the 1st of every month based on the average rate of international benchmark and foreign exchange rates.

At the same time, oil companies have issued new rates for LPG cylinders. However, in this neither the common people have got relief nor the burden on their pockets has increased. Today, on December 1, 2022, there has been no change in the price of gas cylinders. According to the data available on the website of Indian Oil Corporation (IOCL), today i.e. on December 1, the price of commercial LPG gas cylinder in the capital Delhi is Rs 1744. At the same time, the prices of LPG are also stable. On the first date of last month i.e. on November 1, the prices of commercial LPG gas cylinders were cut.

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