India: State-run oil marketing companies (OMCs) in India have announced a significant reduction in Aviation Turbine Fuel (ATF) prices commencing January 1. This provides relief to both airlines and consumers following recent pricing hikes.
Current ATF Prices (₹/KL) Across Major Cities
Mumbai: ₹84,511.93 (Lowest in India)
Delhi: ₹90,455.47
Kolkata: ₹93,059.79
Chennai: ₹93,670.72
Price Adjustments in Recent Months
November 2024: Prices increased by ₹845.39 per kilolitre.
December 2024: Another hike of ₹1,318.12 per kilolitre.
January 2025: A reduction of ₹1,401.37 per kilolitre.
International ATF Rates ($/KL)
Delhi: $812.75
Mumbai: $811.98
Kolkata: $851.55
Chennai: $807.69
Implications for the Aviation Sector
This price drop is projected to reduce airlines’ operational expenses, possibly resulting in cheaper ticket prices for passengers. Following back-to-back price increases in November and December, the January drop brings much-needed relief to the industry, particularly during peak travel season.
Airlines may now be able to offer more competitive fares, benefiting passengers and boosting air travel demand.
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