ATF price cut by 3%, commercial LPG rate down by ₹24
The Hindu
Commercial LPG and ATF prices slashed, easing costs for airlines and businesses amid global trade war impact.
The price of jet fuel, or ATF, was on Sunday (June 1, 2025) slashed by 3% - the third straight monthly reduction on softening international benchmark prices.
The fall in international benchmark oil and gas prices also led to a ₹24 per 19-kg cylinder cut in rate of commercial LPG used in hotels and restaurants.
The price of aviation turbine fuel (ATF) was reduced by ₹2,414.25 per kilolitre, or 2.82%, to ₹83,072.55 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.
The price cut follows a 4.4% (₹3,954.38 per kl) reduction on May 1 and a steep 6.15% (₹5,870.54 per kl) reduction effected from April 1. Together with Sunday's reduction, the price cuts have more than offset the hikes that occurred earlier this year.
A reduction in price of ATF will ease the burden on commercial airlines, for whom fuel makes up for almost 40% of the operating cost.
No immediate comments could be obtained from the airlines on the price reduction.
The ATF price in Mumbai was slashed to ₹77,602.73 per kl from ₹79,855.59, while those in Chennai and Kolkata were reduced to ₹86,103.25 and ₹86,052.57 per kl, respectively.
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