Government Increases Jet Fuel Prices to ₹97,975.72/kl in Delhi

Team Finance Saathi

    01/Aug/2024

Key Points:

Jet Fuel Price Increase: The government has raised jet fuel (ATF) prices by ₹3,006.71/kl in Delhi.

Effective Date: The new prices are effective from August 1, 2024.

Revised Prices:

Delhi: ₹97,975.72/kl

Kolkata: ₹1,00,520.88/kl

Mumbai: ₹91,650.34/kl

Chennai: ₹1,01,632.08/kl

International Run Prices:

Delhi: $891.80/kl

Kolkata: $930.50/kl

Mumbai: $891.06/kl

Chennai: $886.64/kl

The government has increased jet fuel (ATF) prices by ₹3,006.71 per kilolitre (kl) in Delhi, bringing the new rate to ₹97,975.72 per kl. This price hike will take effect from August 1, 2024. The revised jet fuel prices are essential for both domestic and international operations and can be checked on the IndianOil website.

After this latest revision, the jet fuel prices for domestic airlines in major cities are as follows:

Delhi: ₹97,975.72/kl

Kolkata: ₹1,00,520.88/kl

Mumbai: ₹91,650.34/kl

Chennai: ₹1,01,632.08/kl

For domestic airlines operating on international routes, the aviation fuel prices have been updated to:

Delhi: $891.80/kl

Kolkata: $930.50/kl

Mumbai: $891.06/kl

Chennai: $886.64/kl

The increase in ATF prices reflects ongoing adjustments in the aviation fuel market, impacting both domestic and international air travel costs. These changes are critical for airline operators to factor into their operational budgets and pricing strategies.

For more detailed information on the revised jet fuel prices and further updates, stakeholders are encouraged to visit the IndianOil website.

Also Read : CBIC Restores 10% Import Duty on Lab Chemicals, Excludes Undenatured Ethyl Alcohol

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