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HomeBusinessATF Price Hiked: Aircraft fuel prices hiked again, prices reached record levels

ATF Price Hiked: Aircraft fuel prices hiked again, prices reached record levels

ATF Price Hiked Today: Due to the increase in oil prices at the international level, the prices of aircraft fuels (ATF price in Delhi) have also increased. Today ATF prices have increased by 0.2 percent. In this year so far 8 times ATF prices have increased. Apart from this, the prices of petrol and diesel have also seen a rise in the last few days.

ATF prices reached record levels
According to the notification issued by the public oil companies, the price of ATF has been increased by Rs 277.5 per kiloliter i.e. 0.2 percent. After this increase, the prices of ATF in the capital Delhi have gone up to Rs 1,13,202.33 per kiloliter. In this way the price of ATF has reached a record level.

Petrol-diesel has become costlier by Rs.10
Meanwhile, there has been no change in the price of petrol and diesel for the tenth consecutive day. In the first two weeks, the prices of both petrol and diesel have seen an increase of Rs.10-10 per liter.

ATF prices are revised twice a month
Aircraft fuel prices are revised on the 1st and 16th of every month while oil companies have the freedom to revise the price of petrol and diesel on a daily basis.

Know when the increase has happened
ATF prices were increased by 18.3 per cent on March 16. After that, on April 1, its price was increased by two percent. However, after the latest price hike, the ATF price in Mumbai has now gone up to Rs 1,11,981.99 per kl while in Kolkata it has been priced at Rs 1,17,753.60 and Chennai to Rs 1,16,933.49 per kl.

Crude oil prices increased
The recent hike in the prices of petroleum products in India, which is dependent on 85 per cent imports to meet its oil needs, is a result of the increase in the international crude oil prices. Apart from this, the demand for oil is also increasing in the economy recovering from the epidemic.

Prices have increased continuously this year
The price of ATF, which accounts for about 40 per cent of the operating cost of an airline, has also risen this year. In the eight price hikes so far this year, ATF prices have gone up by Rs 39,180.42 per kilolitre.

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