ATF in India costlier than in Singapore, Hong Kong

New Delhi: Airlines in India pay the most for fuel when compared with other Asia Pacific hubs like Singapore, Hong Kong and Colombo, mainly on account of higher tax rates.
Aviation Turbine Fuel or jet fuel in Delhi, the city that houses the nation's second busiest airport, costs USD 1,291 per kilolitre while the same in Singapore is sold at USD 1,067 per kl. It costs USD 1,100 per kl in Hong Kong and USD 1,113 in Colombo.
For airlines, refueling cost in Delhi is 21.73 per cent higher than that in Singapore, according to a report by the Ministry of Petroleum and Natural Gas.
Similarly, airlines in India pay 14.82 per cent and 13.87 per cent more than what those in Colombo and Hong Kong pay respectively.
Over the past four months, cost of jet fuel in Delhi has risen from USD 1,023 per kl in April to USD 1,291 per kl in August, a trend that was also followed in other regional aviation hubs.
21/08/08 Press Trust of India

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Categories: Foreign Aug 2008, Indian Aviation- In General Aug 2008