Jet fuel price hike by Rs 104 to 42,556/kl in Delhi

New Delhi: State-owned oil retailers today raised the price of jet fuel, or ATF, marginally by Rs 104 per kilolitre, making it the sixth straight increase since March.
Aviation Turbine Fuel (ATF) rates in Delhi have been hiked by Rs 104, or 0.24 per cent, to Rs 42,556 per kilolitre with effect from midnight tonight, an official of Indian Oil Corp, the nation's largest oil firm, said.
Jet fuel constitutes roughly 40 per cent of the operating cost of an airline and today's increase in fuel rates would put a nominal, but extra burden on Indian carriers.
It was not immediately clear if airlines would pass on this burden to passengers.
15/05/10 Press Trust of India

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Categories: Indian Aviation- In General May 2010