ATF prices hiked by 10% to ₹55,737.91 per kl in Delhi
New Delhi: Oil marketing companies (OMCs) on Monday hiked prices of aviation turbine fuel (ATF) by about 10% over last month as global crude oil prices firmed up on improved demand. Jet fuel accounts for about a fourth of expenses for major domestic airlines.
ATF prices stood at ₹59,400.91 per kiloliter (kl) at New Delhi on Monday, according to a notification by Indian Oil Corp. Ltd (IOCL).
ATF prices were increased to ₹55,737.91 per kl in New Delhi on 16 February from ₹53,795 per kilo litre on 1 February. Jet fuel prices are revised every fortnight by state-run oil marketing companies, and have been on the rise since October.
