ATF Price Cut: There is good news for air travelers. Passengers traveling by plane can soon get great news from the government. In fact, on Monday, there was a huge reduction of 12 percent in the prices of aircraft fuel ie ATF (Aviation Turbine Fuel) in the country. We should point out that this is ATF’s largest cut to date. In this case, it is anticipated that you will have the opportunity to book inexpensive flights in the days to come. Airlines companies can make any announcement regarding a reduction in fares.
ATF price cut in Delhi
This reduction is due to the fall in the international crude oil prices. Earlier, due to the rise in crude oil at the international level, the price of ATF was continuously increasing. After this, the government had also given relief to domestic airlines operating international flights from 11 percent basic excise duty on the purchase of aircraft fuel Oil marketing businesses’ ATF (Aviation Turbine Fuel).
Let us tell you that the price of ATF in Delhi has been drastically reduced by Rs 16,232.36 per kiloliter. 11.75 percent. The cost per kiloliter has increased to Rs 121,915.57. Now the expectation of passengers is increasing that after the reduction in ATF, air travel can be cheaper. That is, now the airline company can consider cutting the fare.
Earlier there was a decrease of 2.2 percent
Earlier on July 16, there was a cut of Rs 3,084.94 per kiloliter (2.2 percent), and this time it is the biggest cut ever. Commercial gas cylinder prices have also decreased. A 19-kilogram commercial LPG cylinder is now only Rs 1,976.50 instead of Rs 36. But in the interim, the cost of home LPG cylinders has remained the same. In the national capital, a 14.2 kg home LPG cylinder costs Rs 1,053.
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