Due to the holy festival of diwali Chhath, air fares are already skyrocketing. Now air travel can become even more expensive. government oil marketing companies have also increased the prices of aviation fuel along with commercial LPG cylinders. From november 1, 2024, the price of Aviation Turbine Fuel i.e. ATF has been increased by 3.35 percent or 2941.5 kilolitres. In such a situation, the pockets of air travelers are going to be cut further during Chhath Puja and wedding season.
ATF 3.35 percent expensive
government oil companies had cut the prices of ATF in the month of October, but in the month of november, citing the increase in the price of crude oil, the prices of ATF have been increased. In the capital delhi, the price of ATF has increased by Rs 2941 per kilolitre to Rs 90538.72 per kilolitre, which was Rs 87587.22 per kilolitre last month. That is, ATF has now become 3.35 percent more expensive. The new price of ATF in delhi has become Rs 90538.72 per kilolitre, Rs 93392 in Kolkata, Rs 84642 in mumbai and Rs 93957 per kilolitre in Chennai.
air travel will become expensive
The effect of expensive ATF can be seen immediately. Domestic airlines can make air travel expensive. Anyway, the largest airline indigo has presented the results of the second quarter of the current financial year 2024-25, in which the company's profits have come down drastically due to expensive ATF. In such a situation, now the airlines can directly put the burden of increase in ATF on air passengers. Due to expensive ATF and the fall in the rupee against the dollar, airlines can increase airfares as their operation costs are getting affected. ATF prices account for about 40 percent of the total cost of airlines' operations and its increase also increases the cost of airlines.
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