Hyderabad, May 1: Aviation Turbine Fuel prices for international airlines have been increased by 5 percent, marking the second straight monthly rise.
The hike reflects global energy price trends.
Jet Fuel Price Hike For International Airlines
According to state owned oil firms, ATF prices rose by 5.33 percent in New Delhi.
The revised rate stands at US$ 1511.86 per kilolitre after an increase of US$ 76.55 per kl.
However, there is no change in jet fuel prices for domestic airlines.
This follows a sharp hike on April 1, when domestic ATF prices rose by 25 percent.
Jet fuel prices in India are deregulated and linked to international benchmarks.
Oil companies adjust rates based on global energy market movements.
Officials said the current increase reflects rising global crude and fuel costs.
They added that a calibrated approach is being followed to avoid sudden shocks.
Under this approach, international carriers pay full market rates.
Meanwhile, domestic airlines continue to receive moderated pricing.
The recent increases come amid volatility triggered by geopolitical tensions in West Asia.
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates and Follow us on GoogleNews
