Friday, January 03, 2020

Aviation turbine fuel price hike could force airlines to avoid refuelling in Chennai

Chennai: An increase in price of aviation turbine fuel (ATF) has made Chennai the second most expensive city to buy jet fuel, which can force airlines to avoid refuelling in the city airport. This will also lead to a hike in air fares.

ATF fuel prices were increased by 2.6% on January

1. This makes the one kilo litre of ATF to cost ?65, 619 in Chennai airport while it costs ?70,588 in Kolkata, the highest in a metro airport. Prices are lower in Mumbai and Delhi.

The price was ?63,830 per kilo litre in Chennai as of December 1, 2018. Now, airlines will have to pay ?1,789 more. An A320 type plane uses around six tonnes of fuel for a short domestic flight.

This is expected to encourage airlines to lift fuel from other airports and not from Chennai. The process called tankering or carrying more fuel than needed for a trip will go up, said a pilot.
03/01/20 Times of India
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