New Delhi: Jet fuel prices have been hiked by 2 percent – the seventh straight increase this year – to an all-time high, reflecting a surge in global energy prices on Friday.
According to a price notification by state-owned fuel retailers, the fuel that helps aeroplanes fly – was hiked by Rs 2,258.54 per kilolitre, or 2 per cent, to Rs 1,12,924.83 per kl in the national capital.
ATF prices witnessed the steepest ever hike of 18.3% (Rs 17,135.63 per kl) effected on 16 March.
Jet fuel, which constitutes 40 percent of the running cost of an airline, has witnessed a hike every fortnight since the start of 2022. ATF prices have been increased by nearly 50 percent, or Rs 38,902.92 per kl, since January 2022.
Comments are closed.