Explained: Why flying is about to get 15% — or more — expensive - The Indian Express


6/15/2022 12:00:00 AM2 years 10 months ago
by Pranav Mukul

Oil Marketing Companies have raised the price of jet fuel by more than 16%. Since ATF makes up more than half the operational costs of airlines in India, they will have no choice but to pass on the increase to their customers.

Oil marketing companies (OMCs) hiked Aviation Turbine Fuel (ATF) prices by 16.3% on Thursday (June 16), taking jet fuel prices to a record high of Rs 1.41 lakh per kilolitre in Delhi.The record incre… [+2142 chars]

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