News Release Details

Press Release on Price Revision of Aviation Turbine Fuel (ATF)
New Delhi   30-Sep-2018

Aviation Turbine Fuel (ATF) Domestic prices in pan-India have been revised upward effective 1st October 2018 on account of higher Jet Fuel prices in the international market coupled with weakening of Indian Rupee as against US Dollar (Exchange fluctuation). For Mumbai, the increase of about Rs.2650/KL is on account of higher Jet fuel prices in the international market and increase of about Rs.2250/KL is on account of weakening of Indian Rupee during the last month and Rs.116/KL is on account of freight etc. The increase in domestic selling prices of ATF (Rs 5016/KL at Mumbai) is therefore purely on account of the above factors.

The Government of India has levied 5% Customs Duty on ATF w.e.f 27th September 2018, which however, is not being passed on to the Airlines.