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News Release Details

PSU sup aviation fuel price by 3.3%
New Delhi   02-Aug-2007
Public sector oil marketing companies on Wednesday raised the price of aviation turbine fuel (ATF) by 3.3 per cent.Rs 1,260 have raised the ATF price in Delhi per kilolitre from Rs 37,799 to Rs 39,059 per kilolitre. In Mumbai the ATF will now cost Rs 40,388 per kilolitre from Rs 39,062. This is the second increase in less than two months. The price of the ATF was increased by 2.8 per cent last month. ATF price for international airlines, which do not have to pay local sales tax, went up by 4.6 per cent The ATF price for international airlines in Delhi was increased from $708 per kl to $741 per kl and in Mumbai, the rise was by $34 to $735 per kl. Since aviation turbine fuel is not under government control like petrol and diesel, its prices are reviewed by the industry every month in line with international oil prices. This year ATF price is at it’s highest.The prices of ATF in February have been the lowest in 2007. Last year in the month of September the price of ATF in Delhi went up to Rs 43,989 per kilolitre.