Marginal hike in jet fuel prices

New Delhi: State-owned oil firms have marginally hiked jet fuel prices by an average Rs 158 a kilolitre. With this move, Aviation Turbine Fuel (ATF) will cost Rs 27,275 a kilolitre in Delhi from Sunday midnight as against Rs 27,106 earlier.
In Mumbai, ATF prices will go up to Rs 28,023/ kilolitre, from Rs 27,861, an Indian Oil Corporation (IOC) official said.
This is the second time since September last year that the public sector oil firms have raised ATF prices. They had earlier raised prices by 3.3 per cent on January 16. The jet fuel prices had peaked to Rs 71,028.26 a kilolitre in Delhi in August 2008 after crude oil prices touched a high of $147 a barrel in the international market.
16/03/09 Business Line

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Categories: Indian Aviation- In General Mar 2009