{"id":470998,"date":"2022-02-25T11:14:47","date_gmt":"2022-02-25T05:44:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=470998"},"modified":"2022-02-25T11:14:47","modified_gmt":"2022-02-25T05:44:47","slug":"aviation-auto-sector-in-a-fix-as-oil-hits-usd-105-per-barrel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/aviation-auto-sector-in-a-fix-as-oil-hits-usd-105-per-barrel\/","title":{"rendered":"Aviation, auto sector in a fix as oil hits USD 105 per barrel"},"content":{"rendered":"<p>NEW DELHI:  The Russia-Ukraine conflict is set to have a negative impact on oil-dependent aviation and auto sector. For airlines, ATF or jet fuel accounts for up to 40% of operating costs. At Rs 90,519.8 and Rs 88,987.2 in Delhi and Mumbai, respectively, the prices of jet fuel is already at a record level and a further increase will be a very unwelcome sign for the industry as well as consumers. <\/p>\n<p>\u201cBrent crude prices have averaged at about $90 per barrel so far in Q4, as against $79 per barrel in Q3, and is expected to go up due to Russia-Ukraine tensions. This will have an impact on domestic airlines\u2019 CASK (cost per available seat kilometres) which has just started to see recovery from the third wave of Covid-19,\u201d said a senior aviation analyst. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: The Russia-Ukraine conflict is set to have a negative impact on oil-dependent aviation and auto sector. For airlines, ATF or jet fuel accounts for up to 40% of operating costs. At Rs 90,519.8 and Rs 88,987.2 in Delhi and Mumbai, respectively, the prices of jet fuel is already at a record level and a further increase will be a very unwelcome sign for the industry as well as consumers. \u201cBrent crude prices have averaged at about $90 per barrel so far in Q4, as against $79 per barrel in Q3, and is expected to go up due to [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-470998","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/470998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=470998"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/470998\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=470998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=470998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=470998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}