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ATF Price Cut: Air fuel became cheaper, today the ATF rates have become so low, will the flight fares be reduced! – News

ATF Price Reduced: The prices of air fuel or jet fuel remain at a record high level in the country and today there is news of relief on their prices. This year the price of air fuel or jet fuel (aviation turbine fuel) has been cut for the first time and it has become cheaper. Today, the state-owned oil marketing company Indian Oil has reduced the price of ATF by 1.3 percent and it has come down from 1.23 lakh kiloliters to 1.21 lakh kiloliters.

Prices are reviewed every 15 days
State-owned oil companies review the prices of aircraft fuel on the 1st and 16th of every month. Since January 1 this year, air fuel had become costlier by close to 62 per cent and today’s reduction is the first reduction of this year. Let us tell you that the last time i.e. on May 16, the price of jet fuel was increased by 5 percent, after which its price increased to Rs 123,039.71 per kiloliter.

how much is the price today
Today, the price of ATF has been cut by 5 percent or about Rs 1564 and after that the price has come down from Rs 123,039.71 per kiloliter to Rs 121,475.74 per kiloliter in Delhi. In Delhi, the price of ATF has been cut by Rs 1563.97 per liter or Rs 1564 per liter.

Know the price of ATF in major metro cities of the country

Delhi- Rs 121,475.74 per kiloliter
Mumbai- Rs 1,20,306.99 per kiloliter
Kolkata- Rs 1,26,360.98 per kiloliter
Chennai- Rs 1,25,725.36 per kiloliter

How much did the price increase on 16 May
The price of ATF was increased by 5 percent or Rs 1688 per kiloliter on 16 May 2022, after which its rates in Delhi came down to Rs 1.23 lakh per kiloliter.

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