“Skyward Savings: Potential Decrease in Air Travel Costs as Oil Companies Trim Aviation Turbine Fuel Prices!”

As of 1 December 2023, the rates for LPG petrol, diesel, and ATF have been revised. However, there have been no modifications in the prices of petrol and diesel across the nation. Meanwhile, the cost of commercial cylinders has gone up by Rs 21. Conversely, the prices of ATF have decreased by 4.6 percent. It is advisable to check the current price of ATF in your city.
On the first day of each month, the prices of LPG and ATF undergo revisions. As of December 1, 2023, oil companies have recently adjusted the prices of LPG cylinders. Across the nation, the cost of commercial cylinders has risen by Rs 21. Conversely, there has been a decrease in the prices of jet fuel, with the price of ATF being reduced by 4.6 percent.


In Delhi, the cost of aviation turbine fuel (ATF) has been lowered from Rs 1,11,344.92 per kiloliter to Rs 1,06,155.67 per kiloliter. Simultaneously, the prices of commercial cylinders have risen by Rs 21. The price of a commercial cylinder filled with LPG has been raised from Rs 1,775.50 to Rs 1,796.50 for a 19 kg cylinder. However, the prices of domestic cylinders remain unchanged, with a 14.2 kg cylinder costing Rs 903 across the country.


The fluctuation in prices of LPG and ATF will have a significant impact on various sectors, particularly restaurants, hotels, and other commercial consumers. However, it is important to note that this change will not affect the prices of domestic cylinders. On the other hand, the decrease in ATF prices will directly influence air fares, potentially leading to a decrease in the cost of air travel.


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