The ATF (Aviation Turbine Fuel) price in India has surged to a record high after they were increased by 5% in New Delhi. According to a report by Mint, the ATF price in New Delhi is Rs 123.03 per litre. Since January 2022, ATF prices have surged by over 50%.
According to the report, the jet fuel price makes up to 40% of the total cost of the airlines. With the recent jet fuel hike, flight tickets will become costlier. On March 16, the prices were hiked by 18.3%. Later in April, it was hiked by 2% and then 3.22% in May.
Check Latest ATF Prices In India Here
|City||ATF Prices (per KL)|
|New Delhi||Rs 1,23,039.71|
The fuel prices have been rising since the Russia Ukraine war broke out. Firstly the petrol-diesel prices were reaching new highs and now the same impact is seen for flight prices as well. The pressure is high on India as the country imports 85% of its fuel from other countries.
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