Oil companies cut jet fuel prices by 2%

New Delhi: In the second major relief to cash-strapped airlines this month, jet fuel (ATF) prices were today cut by about 2%.
The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was reduced by Rs 1,241 per kilolitre (kl), or 2%, to Rs 61,169 per kl with effect from midnight tonight, according to Indian Oil Corp, the nation's largest oil firm.
The reduction comes on back of a massive 5% (Rs 3,260 per kl) cut in rates effected from June 16.
30/06/12 PTI/Times of India

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Categories: Indian Aviation- In General Jul 2012