ATF Price Reduced: The festive season is just a day away and there is news for those traveling by flight that ATF prices have been reduced. It remains to be seen whether air fares will also decrease after aviation fuel becomes cheaper.
ATF Price Reduced: If you are thinking of getting a flight ticket to go home during the festive season, then there is good news for you. Actually, the price of aviation turbine fuel has been reduced by about Rs 6000. In the capital Delhi, the price of ATF has come down by Rs 5882.78 per kiloliter to Rs 87,597.22 per kiloliter. If seen in terms of percentage, this is a reduction of 6.30 percent and it can be considered a very good reduction.
Names of cities and ATF prices
- Delhi 87,597.22
- Kolkata 90,610.80
- Mumbai 81,866.13
- Chennai 90,964.43
Prices updated on the website of Indian Oil Corporation
ATF prices have been updated on the website of Indian Oil Corporation (IOC) and you can know the new rates there. These new prices have come into effect from today itself and the price of ATF has fallen on the first day of the month itself.
Aviation fuel becomes cheaper- airlines’ costs will also decrease
ATF prices have been updated on the website of Indian Oil Corporation (IOC) and you can know the new rates there. These new prices have come into effect from today itself and ATF prices have come down on the first day of the month itself.
The price of aviation fuel had also come down in September
As is the case on the first of every month, ATF prices are revised and on the first of September too, ATF rates were reduced. At that time, the rate in Delhi had come down to Rs 93,480.22 per liter and a reduction of Rs 4495.5 was made in it. This reduction was seen after two months of continuous price hike.
Why is there hope of air tickets getting cheaper?
In fact, the cost of flight operations of airlines is 40 percent of their total cost, so after the price of jet fuel or aviation fuel becomes cheaper, it is expected that the price of air tickets may come down.