Jet fuel is cheaper than petrol now

New Delhi: It's now cheaper to refuel an aircraft than tank up your petrol-powered car. As you brace for another hike in petrol prices close on the heels of a steep Rs 5 hike just a fortnight back, aviation turbine fuel (ATF) or jet fuel will be cheaper for airlines from Wednesday.
While a litre of ATF will cost Rs 56.5 per litre in Delhi from Wednesday (down from Rs 58.8), petrol is already selling for Rs 63.37 per litre. IndianOil Corp has announced its intention to make petrol dearer by about Rs 1.4 per litre. ATF prices have fallen twice in the last one month.
The other big aviation base, Mumbai, will also see ATF at Rs 57.1 per litre from Wednesday, down from Rs 59.6. Delhi and Mumbai account for over 70% of fuelling for domestic airlines. So the high prices at non-hubs like Kolkata, where the price will fall from Rs 66.9 per litre to Rs 64.5 per litre won't affect airlines' bottomlines much.
01/06/11 Times of India

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Categories: Indian Aviation- In General Jun 2011