Those traveling by air may have to shell out more in the coming days. The reason for this is that for the second consecutive month, petroleum companies have increased the prices of fuel used in airplanes. Due to which the operation of airlines companies will be expensive. The cost of which will be recovered from the air passengers. In these two months, the price of airplane fuel, also known as air turbine fuel, has increased by more than Rs 4200 per kiloliter in the country’s capital Delhi. Let us also tell you how much increase has been seen in the prices of ATF at the airports of the four metros of the country.
How expensive did jet fuel become in December?
According to the data received from IOCL, there has been an increase in the prices of jet fuel in the month of December as compared to November. An increase of Rs 1,318.12 has been seen in the price of ATF in Delhi and the price has become Rs 91,856.84 per liter. An increase of Rs 1,158.84 has been seen in the price of jet fuel in Kolkata and the price has reached Rs 94,551.63 per kilolitre. The price of ATF in Mumbai has increased by Rs 1,218.11 and the price is Rs 85,861.02 per kilolitre. On the other hand, ATF has become costlier by Rs 1,274.39 in Chennai and the price has reached Rs 95,231.49 per kilolitre.
How much did it cost in the last two months?
On the other hand, there has been a good increase in the price of jet fuel in the last two months. After studying the data of IOCL, an increase of Rs 4,259.84 per kiloliter has been seen in the price of jet fuel in Delhi. On the other hand, jet fuel in Kolkata has become costlier by Rs 3,940.83 in two months. An increase of Rs 3,994.89 has been seen in the price of ATF in Mumbai. On the other hand, the price of jet fuel in Chennai has increased by Rs 4,267.06 per kilolitre.
Air travel can be expensive
After jet fuel becoming expensive for two consecutive months, the risk of increase in air fares has increased. ATF accounts for 40 percent of the expenses incurred for running any airline. If ATF becomes expensive then the operation cost of airlines increases. The direct effect of which is seen in the increase in air fares. The price of which common passengers have to pay. In such a situation, experts say that there may be an increase in air fares in the coming few days.