Aviation Turbine Fuel Price Cut by Rs 5,000 Per Kilolitre in India

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India has reduced aviation turbine fuel (ATF) prices by approximately Rs 5,000 per kilolitre on a bulk basis. The revised price now stands at Rs 1.10 lakh per kilolitre, down from the earlier Rs 1.15 lakh per kilolitre. ATF is a major cost component for airlines, typically accounting for a significant share of their operating expenses. This reduction could potentially ease financial pressure on domestic carriers. If airlines pass on the benefit to consumers, domestic airfares may see a decline in the near term.

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