Business

Aerial Fuel Prices Rise Up By 16%, Chances of Increasing Air Fare

pooja shil

Oil companies have increased the price of aviation fuel (ATF) by 16.3 percent. Due to this, the air travelers may have to face an increase in fares. Oil marketing companies have increased the price of aviation turbine fuel by 16.3 per cent i.e. Rs 5,494.5 to Rs 39,069.87 per kiloliter.

Image Credit: Deccan Herald
Image Credit: Deccan Herald

After increasing the price of petrol and diesel for the tenth consecutive day, on Tuesday, the oil companies have increased the price of aviation turbine fuel (ATF) by 16.3 percent. Due to this, the air travelers may have to face an increase in fares.

Oil marketing companies have increased the price of aviation turbine fuel by 16.3 per cent i.e. Rs 5,494.5 to Rs 39,069.87 per kiloliter. This is the second increase in ATF prices within a month. Earlier on June 1, ATF prices were increased by a record 56.5 percent.

Chances of increasing air fare

Image Credit:www.eugene.gov

Significantly, due to Corona, international flights are closed and domestic flights are running. These flights are carrying the same people who are stranded or whose movement is very important. On the other hand, crude oil prices in the international market are also soft. In such a situation, it is beyond comprehension why the oil companies are raising prices in this way and forcing them to increase airfare.

Petrol-diesel prices increased for the tenth consecutive day

Image Credit: Elite Invesment

Earlier on Tuesday, oil companies increased the price of petrol and diesel for the tenth consecutive day. The price of diesel in the capital has crossed Rs 75 per liter. Diesel has registered an increase of 57 paise per liter today. With this, the price of one liter diesel in Delhi has increased to 75 rupees 19 paise. On Monday, 15 June, the price of one liter diesel was 74 rupees 62 paise. On Monday, the price of diesel was increased by 59 paise.

If we talk about petrol, then the price of petrol has increased by 47 paise today. Petrol prices in Delhi are now 76.73 paise per liter. Yesterday i.e. Monday, 48 paise increase in petrol prices was recorded in Delhi.

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