Jet fuel prices rise by 1.6 per cent

Mumbai: According to a PTI report, state-run oil firms yesterday increased jet fuel prices marginally by 1.6 per cent due to rising international oil prices. Aviation Turbine Fuel (ATF) rates in Delhi were increased by Rs 585 per kilolitre to Rs 36,923 per kilolitre. In Mumbai, the rate was increased to Rs 38,098 per kilolitre from Rs 37,475 per kilolitre. Jet fuel price in Kolkata will be increased by Rs 649 per kilolitre at Rs 45,060, while in Chennai the price has been increased to Rs 40,789 per kilolitre from Rs 40,164 per kilolitre. The increase follows a sharp 5.7 per cent cut in jet fuel prices two weeks ago.
Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) had in the past two months raised ATF rates four times on firming international oil prices.
01/08/09 TravelBizMonitor

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Categories: Indian Aviation- In General Aug 2009