Jet fuel or ATF price on Friday was hiked by 3.7 per cent, the third increase in rates in one month on firming up of international oil prices.
Aviation turbine fuel (ATF) price was raised by Rs 1,817.62 per kilolitre, or 3.69 per cent, to Rs 50,978.78 per kl in the national capital, according to a price notification of state-owned fuel retailers.
This is the third increase in price since December 1, 2020. Rates had gone up 7.6 per cent (Rs 3,288.38 per kl) on December 1 and 6.3 per cent (Rs 2,941.5 per kl) on December 16. ATF prices are revised on the first and sixteenth of every month based on the average price of benchmark international rate and foreign exchange rate in the preceding fortnight.
