Air travel will likely get costlier as the prices of Air Turbine Fuel, also known as jet fuel soar significantly. The price of Jet fuel has soared from ₹4,481.63 per kilolitre to to ₹90,519.79 per kl or 5.2% in Delhi. In fact, it was increased by about 30% within six months. The same was priced at ₹50,979 in January 2021. Ticket prices are dependent on ATF and other unavoidable charges. As jet fuel prices increase in several states and union territories, we can expect a hike in domestic airfares.
Jet fuel price soared to ₹88,987.20 per kl in Mumbai and ₹94,888.70 per kl in Kolkata respectively. Despite the steep rise in crude oil prices, petrol and diesel prices remain unchanged.
Flight Tickets May Get Expensive As Govt Increase Price of Aviation Turbine Fuel (ATF) By 8.5%#Airfare #ATF #Aviation #AviationNews #AviationTurbineFuel #India #IndianOilCorporation #JetFuelhttps://t.co/CkQRzmy42V pic.twitter.com/O12p9ENoIi
— travelobiz (@travelobiz) February 1, 2022
Last year, the government had also announced a 30% hike in domestic airfares and naturally, residents were outraged by the announcement
Air travel becomes expensive as govt announces up to 30% hike in domestic airfares https://t.co/62QNJP9Je9 pic.twitter.com/ostOiDX23L
— Economic Times (@EconomicTimes) February 12, 2021
Also Read: Man Flies From Amritsar To Dubai As Only Passenger On Air India Flight; Felt Like A Maharaja
This season, the fares will be high as t he government has increased the lowest fare cap by around 15%. Also, owing to the uncertainties of the pandemic, most airlines are offering one date change free according to the fare category and sector.