New Delhi: ATF or jet fuel cost was now slashed by 10 per cent though rates of non-subsidised cooking gas LPG were hiked by Rs 49.5 per cylinder on tellurian trends.
Also, rates of non-subsidised kerosene were cut by Rs 1.05 per litre to Rs 43.19 a litre.
Aviation Turbine Fuel (ATF) cost in Delhi was reduced by Rs 4,428 per kilolitre (kl) or 9.99 per cent to Rs 39,892.32 per kl, oil companies announced today.
This is a second rebate in a row. Prices were cut by 1.17 percent on 1 December.
Rates change during opposite airports since of differential internal sales taxation or value-added taxation (VAT).
Jet fuel constitutes over 40 percent of an airline’s handling costs and a cost cut will revoke a financial
weight on cash-strapped carriers.
No evident criticism was accessible from airlines on a impact of cost rebate on newcomer fares.
Simultaneously, a oil firms lifted prices of non-subsidised LPG, that consumers buy after burdensome their share of subsidised cooking fuel, by Rs 49.5 per 14.2-kg bottle.
Non-subsidised cooking gas (LPG) now costs Rs 657.50 in Delhi.
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This is a third travel in rates in as many months. Non-subsidised LPG cost was final hiked by Rs 61.50 on 1 Dec 1. Prior to that rates were increasing by Rs 27.5 per cylinder on 1 November.
Non-subsidised or market-priced LPG is one that consumers buy after burdensome their share of 12 bottles of 14.2-kg any during subsidised rates in a year.
Subsidised LPG costs Rs 419.33 per 14.2-kg cylinder in Delhi.
Also, a cost of non-subsidised kerosene, accessible outward a allotment shop, has been hiked to Rs 43194.82 per kl
or Rs 43.19 per litre, from Rs 44,246.47 per kl.
This is a third rebate in rate in one month. Prior to this, cost of non-subsidised or non-PDS kerosene were cut by about 25 paise on Dec 1 and 50 paise on 16 December.
Subsidised kerosene now costs Rs 14.96 a litre in Delhi.
The 3 fuel retailers – Indian Oil Corp, Hindustan Petroleum and Bharat Petroleum – correct jet fuel prices, non-
subsidised LPG and non-subsidised kerosene rates on a initial day of each month, formed on a normal general cost in a preceding month.