"The price of aviation turbine fuel in New Delhi has reached Rs 207,341.22 per kiloliter, marking the first time it has crossed the Rs 200,000 threshold for domestic flights."
"The increase in jet fuel prices is partly due to the disrupted fuel supply chain in the Middle East and the Indian rupee's worst performance in 14 years."
"In response to the rising costs, the Indian petroleum ministry announced that only a partial and staggered increase of 25% would be passed to airlines, aiming to insulate domestic travel costs."
Aviation turbine fuel prices in India have more than doubled, reaching Rs 207,341.22 per kiloliter. This marks the first instance of jet fuel exceeding Rs 200,000 for domestic flights. The increase is attributed to disruptions in the Middle East fuel supply chain and the Indian rupee's decline. Airlines previously announced a fuel surcharge due to rising crude oil prices. The aviation ministry suspended fare caps to allow airlines to adjust prices. The petroleum ministry stated that only a partial price increase would be passed to airlines to mitigate the impact on domestic travel costs.
Read at www.dw.com
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