Jet Fuel Prices Rise 5.46%, Raising Concerns Over Higher Airfares

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Aviation turbine fuel (ATF) prices in India have been hiked by 5.46%, adding pressure on airline operating costs. The increase comes amid rising global oil prices linked to tensions involving Iran. This follows a previous hike on August 1, when ATF prices were raised by approximately Rs 5 per litre. Airlines, which count fuel as one of their largest expenses, may consider passing on the increased costs to passengers. The back-to-back revisions have sparked concerns about a potential rise in domestic and international airfares.

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