New Delhi : ATF or jet fuel price was hiked by 5.5 % on global trends while rates of non-subsidised cooking gas LPG were cut by Rs 42 per cylinder.
Also, rates of non-subsidised kerosene were increased by Rs 54 paisa to Rs 43.18 per litre. Aviation Turbine Fuel (ATF) price in Delhi was raised by Rs 2245.92 per kilolitre (kl), or 5.48%, to Rs 43,184.16 per kl, oil companies said on Thursday.
The hike comes after a steep 11.7 % or Rs 5,469.12 per kl cut in rates to Rs 40,938.24 per kl effected from September 1, the third straight monthly reduction. Rates vary at different airports because of differential local sales tax or value-added tax.
Jet fuel constitutes over 40 % of an airline’s operating costs.
Simultaneously, oil firms have also cut price of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, by Rs 42 per 14.2-kg bottle.
Non-subsidised cooking gas (LPG) now costs Rs 517.50 in Delhi. Subsidised LPG costs
Rs 417.82 per 14.2-kg cylinder in Delhi.