Air travel likely to become costly as jet fuel prices surge by 1.45 per cent
India TV NewsThe air travel is likely to become costly as the price of aviation turbine fuel or jet fuel was hiked on Sunday by 1.45 per cent in the monthly revision done in line with international oil price trends. The ATF price was increased by Rs 1,318.12 per kilolitre, or 1.45 per cent, to Rs 91,856.84 per litre in Delhi- home to one of the busiest airports in the country, according to state-owned fuel retailers. On October 1, the ATF price was cut by 6.3 per cent and by Rs 4,495.5 per litre, or 4.58 per cent on September 1. State-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd revise prices of ATF on the first of every month based on the average price of benchmark international fuel and foreign exchange rate.