ATF prices rise 1%

The Aviation Turbine Fuel (ATF) got expensive by 1.7%. The state-owned oil firms increase the fuel price with effect from 16 July. According to Indian Oil Corporation (IOC), the capital city saw an increase of INR1,039.1 per kilolitre to INR62,208.

Jet fuel constitutes over 40% of an airline’s operating cost.

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