In the month of March, common people of the country may see domestic and international flights becoming costlier. The main reason for this is that after being cheaper for four months, there has been an increase in it in the month of March. The special thing is that the maximum increase has been seen in the country’s capital Delhi. After this decision of IOCL, there may be a rise in air fares in the country. Experts say that the share of fuel in the operational cost of the airline is 40 percent. In such a situation, if the price of jet fuel increases, there may be an increase in flight fares. Let us also tell you what is the current price of jet fuel in the four metros of the country.
Jet fuel becomes expensive
An increase in the price of jet fuel has been seen in all four metros of the country. In the country’s capital Delhi, the price of jet fuel has increased by Rs 624.37, after which the price has become Rs 1,01,396.54 per kilo liter. On the other hand, the minimum increase of Rs 499.50 has been seen in Kolkata. After which the price has become 1,10,296.83. An increase of Rs 563.22 has been seen in the price of jet fuel in Mumbai. After which the price was seen at Rs 94,809.22. In Chennai, the main state of South India, the price of jet fuel has seen an increase of Rs 558.44, after which the price has become Rs 1,05,398.63 per kilo liter.
Rent may increase
Jet fuel accounts for 40 percent of the operational costs of any airline company; In such a situation, an increase in the price of air travel may be seen in the month of March. However, there has been a decline for three consecutive months in the months of November, December, January and February. In the month of October, the price of jet fuel in Delhi was Rs 1,18,199.17 per kilolitre. Whereas in the month of February the price had come down to Rs 1,00,772.17 per kilometre. This means that during this period, there was a reduction of 15 percent i.e. Rs 17,427 per kiloliter in jet fuel in Delhi. Due to which the airline has also made a lot of profit.
