Centre slashes ATF prices by Rs 1,221 per kl in Delhi ahead of Budget 2024

The Central government took a significant step today by reducing jet fuel or ATF prices by ₹1,221 per kiloliter in the national capital, just ahead of the Interim Budget.

Source: ANI

ATF prices for domestic airlines are now at ₹1,00,772.17 per kiloliter in Delhi, ₹1,09,797.33 per kiloliter in Kolkata, ₹94,246.00 per kiloliter in Mumbai, and ₹1,04,840.19 in Chennai.

Source: Republic

These revised prices will come into effect from February 1.

Source: Stratolaunch

The reduction in jet fuel prices, constituting 40 per cent of an airline's operating cost, is expected to alleviate the financial strain on airlines.

Source: X/@IN_WNC

In addition, the cost of Liquified Petroleum Gas (LPG) has seen an increase of Rs 14, particularly affecting the 19-kilogram commercial LPG gas cylinders.

Source: PTI

This upward adjustment in LPG prices is likely to impact various sectors and businesses relying on commercial LPG for their operations.

Source: ani

The IOC, BPCL, and HPCL follow a monthly revision system, adjusting cooking gas and ATF prices on the 1st of each month based on the average international price from the previous month.

Source: BPCL