Oil retailers have cut aviation fuel cost (ATF) by an average Rs 250/kilolitre (KL)from today on the back of softening international crude oil price, making it the third steepest decline since March 1.
According to Indian Oil Corporation website, the price for ATF in Mumbai would now cost Rs 64381.15/kl from Rs 64624.69/kl. Airlines like Jet Airways , SpiceJet and IndiGo among others will have to shell out Rs 62416.16/kl against Rs 62649.95/kl if they refill fuel in Delhi.
Rates at different airports vary because of differential in local sales tax or VAT. Kolkata would see price cut of around Rs 260 to Rs 72,250.952 per kl, while it will cost Rs 67925.43 in Chennai as against Rs 68,191.73 per kl previously.
01/06/13 moneycontrol.com
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According to Indian Oil Corporation website, the price for ATF in Mumbai would now cost Rs 64381.15/kl from Rs 64624.69/kl. Airlines like Jet Airways , SpiceJet and IndiGo among others will have to shell out Rs 62416.16/kl against Rs 62649.95/kl if they refill fuel in Delhi.
Rates at different airports vary because of differential in local sales tax or VAT. Kolkata would see price cut of around Rs 260 to Rs 72,250.952 per kl, while it will cost Rs 67925.43 in Chennai as against Rs 68,191.73 per kl previously.
01/06/13 moneycontrol.com