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Announcement of reduction in ATF prices, will flight tickets become cheaper after this?
ATF Price: On the first of every month, oil companies update the prices of LPG cylinders and ATF fuel. The month of September 2024 has started from today. Like every month, the prices of ATF fuel have been updated today. Oil companies have announced a cut of 4.58 percent in the prices of ATF fuel. Read full news...
From today, the month of September 2024 has begun. Oil marketing companies revise the prices of LPG cylinders and ATF fuel every first of the month. This time the oil company has increased the price of commercial LPG cylinders. On the other hand, ATF has become cheaper.
The key government oil companies of the country have declared a reduction of 4.6 percent in ATF fuel prices on September 1, 2024. Now, the price of aviation turbine fuel (ATF) in the capital Delhi has increased to Rs 4,495.5 per kilolitre. Earlier the price of ATF fuel was Rs 93,480.22 per kilolitre.
This, in fact, reduced the burden of those airline companies with whom fuel accounts for about 40 percent of the operational cost, with the reduction in ATF fuel.
Oil companies raised the price of jet fuel by 2% on August 1. The increase came after a steep 6.5% cut (Rs 6,673.87 per kilolitre) on June 1. In Mumbai, ATF price was reduced by Rs 4,217.56 to Rs 87,432.78 per kilolitre on Sunday.
