Air travel costs could rise as jet fuel prices increase by ₹5 per litre
Starting August 1, the Indian Oil Corporation (IOC) has hiked the price of aviation turbine fuel (ATF) for domestic carriers by ₹5 per litre. The new rate for ATF is now ₹115 per litre, compared to the previous ₹110. While this price jump is expected to push up airline operational expenses, the final impact on ticket prices will still be influenced by factors such as market competition, passenger demand, and available capacity.
by shortkt.com✓