New Delhi, April 1 Jet fuel, or ATF as it is commonly called, was hiked by 2 per cent or by ₹2,259 (approx) per kilolitre in Delhi on Friday. This is the seventh straight hike in ATF prices since January this year.
The price in Delhi now stands at ₹112,924.83 per kilolitre, the highest ever in recent times.
The hikes are reflective of a global surge in energy prices
Today’s price increase comes on the back of a steep 18 per cent hike (by over ₹17,000 per kilolitre in the national capital) that was initiated two weeks back.
Jet fuel makes up nearly 40 per cent of the operating/ running cost of airlines.
Since January 1, prices are up nearly 50 per cent or by ₹38,000-odd per kilolitre.
The price in Kolkata now stands at ₹117,353.71 per kilolitre; while in Chennai it is priced at ₹116,583.71 . In Mumbai, jet fuel costs ₹111,690.61 (the lowest amongst the four metros), according to the notification by the state-owned fuel retailers.
Petrol and diesel prices have not been revised on Friday so far.