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“Airline Fares Could Increase as Oil Companies Hike Aviation Fuel Prices”

"Airline Fares Could Increase as Oil Companies Hike Aviation Fuel Prices"

Flight tickets are expected to become more expensive following a hike in aviation fuel prices, announced by major oil companies. The price of aviation turbine fuel (ATF) has increased by ₹1,318 per kilolitre, marking a second consecutive rise after a ₹2,941.5 increase last month. The revised ATF prices now stand at ₹91,856.84 per kilolitre in Delhi, ₹94,551.63 in Kolkata, ₹85,861.02 in Mumbai, and ₹95,231.49 in Chennai. The new rates have come into effect immediately, further straining the aviation industry.

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