New Delhi: In a huge relief to all domestic airlines struggling to make ends meet, Aviation Turbine Fuel (ATF) price was on Sunday cut by a steep 11.3 per cent and now costs less than diesel. Last month, its rate had fallen below the price at which petrol is sold.
While petrol and diesel prices have so far not been changed as per the fortnightly revision, non-subsidised domestic cooking gas (LPG) was cut by Rs 103.5 per cylinder to Rs 605 a cylinder after international oil prices slumped to near six-year lows.
The price of ATF or jet fuel in Delhi was cut by Rs 5,909.9 per kilolitre (kl), or 11.27 per cent, to Rs 46,513.02 per kl, oil companies announced. The reduction, follows possibly the steepest ever cut of Rs 7,520.52 per kl or 12.5 per cent effected from January 1.
Last month's reduction saw the ATF price slip to Rs 52.42 a litre, below Rs 58.91 a litre cost of petrol in Delhi. And after Sunday's cut it costs Rs 46.51 per litre and is cheaper than diesel that sells at Rs 51.52 per litre.
02/02/15 Pune Mirror
While petrol and diesel prices have so far not been changed as per the fortnightly revision, non-subsidised domestic cooking gas (LPG) was cut by Rs 103.5 per cylinder to Rs 605 a cylinder after international oil prices slumped to near six-year lows.
The price of ATF or jet fuel in Delhi was cut by Rs 5,909.9 per kilolitre (kl), or 11.27 per cent, to Rs 46,513.02 per kl, oil companies announced. The reduction, follows possibly the steepest ever cut of Rs 7,520.52 per kl or 12.5 per cent effected from January 1.
Last month's reduction saw the ATF price slip to Rs 52.42 a litre, below Rs 58.91 a litre cost of petrol in Delhi. And after Sunday's cut it costs Rs 46.51 per litre and is cheaper than diesel that sells at Rs 51.52 per litre.
02/02/15 Pune Mirror
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