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Will air fares become cheaper? Jet fuel prices cut to Rs 110 ... - The Week © Copyright 2026 The Week Online. All rights reserved. The Indian government has reduced Aviation Turbine Fuel (ATF) prices by approximately Rs 5 per litre, with ATF now costing Rs 110 per litre in Delhi The Week News Desk Updated- July 01, 2026 11:10 AM IST 1 minuteRead Link Copied The government has reduced Aviation Turbine Fuel (ATF) prices by approximately Rs 5 per litre due to a decrease in global crude oil prices This price cut is expected to lower airfares, as ATF constitutes a significant portion of airline operating costs Additionally, export duties on petrol, diesel, and ATF have been updated, and the price of commercial LPG cylinders has been reduced State-run oil marketing companies have cut aviation turbine fuel (ATF) prices by about Rs 5 per litre as global crude oil prices have eased. The reduction comes after weeks of record-high fuel costs, which were driven up by the geopolitical tensions in West Asia. ATF in Delhi will now cost Rs 110 per litre, according to industry sources who spoke to PTI. The reduction also comes as international prices have fallen slightly, easing concern…

Jet fuel price cut by Rs 5/litre as global oil prices ease - The Economic Times Listen to this article in summarized format Listen Loading... × × Subscribe to Unlock AI Briefing and Premium Content New Year Offer 24 Hours Left Subscribe Now Already a member? Sign In What's Included Exclusive Stories Daily ePaper Access Smart Market Tools Curated Investment Ideas Ad-lite Experience Subscription A significant drop in jet fuel prices, by nearly Rs 5 per litre, has been announced by state-owned retailers. Jet fuel, or aviation turbine fuel (ATF), prices were cut by nearly Rs 5 per litre on Wednesday, tracking a decline in international crude oil prices , as per PTI. State-owned fuel retailers reduced the price of ATF by Rs 5 per litre, taking the rate in Delhi to about Rs 110 per litre, according to the latest price notification. The reduction comes after international oil prices softened in recent weeks following easing geopolitical tensions in West Asia and improved supply expectations, providing relief to airlines for which fuel accounts for the single-largest operating expense. The latest revision is expected to lower operating costs for domestic carriers, although the extent of t…

ATF price cut by Rs 5/litre to Rs 110 on softer global oil prices New Delhi:Aviation turbine fuel (ATF) prices fell by Rs 5 per litre on Wednesday, bringing the retail rate in Delhi to Rs 110/litre, the first rollback since jet-fuel costs surged to record levels following the West Asia crisis Aviation turbine fuel (ATF) rates were trimmed by Rs 5 per litre on Wednesday after international crude prices softened, industry sources said, marking the first reduction in jet-fuel prices since they spiked amid the West Asia crisis. Follow ThePSUWatch Channelon WhatsApp The cut brings ATF in Delhi to Rs 110 per litre. Fuel prices vary by city depending on taxes and logistics, so final rates at other airports may differ. The rollback is expected to provide modest relief to airlines, which have faced elevated operating costs since jet-fuel prices climbed to record highs earlier this year. Jet fuel is one of the highest operating costs for carriers, typically accounting for 20–30% of total expenses. The sudden rise in ATF following geopolitical tensions in West Asia had intensified pressure on airline margins and contributed to fare volatility. While a Rs 5/litre reduction will not fully …

Flight Fuel Gets Cheaper: ATF Prices Cut By Rs 5 Per Litre, Will Airfares Drop? Domestic airlines will pay less for aviation fuel from July 1 after state-run oil marketing companies (OMCs) reduced Aviation Turbine Fuel (ATF) prices in their latest fortnightly revision. The price has been lowered by Rs 5 per litre, taking the domestic ATF rate to Rs 110 per litre. The reduction comes as international crude oil and jet fuel prices have softened in recent weeks following an easing of geopolitical tensions in West Asia and the resumption of shipping through the Strait of Hormuz. ATF prices have remained volatile over the past few months as the conflict in West Asia pushed global crude oil prices higher and increased pressure on aviation fuel costs. In March, the government reintroduced the Special Additional Excise Duty (SAED), commonly referred to as the windfall tax, which affected ATF pricing. Domestic ATF prices were subsequently revised upwards in April, while international airlines continued to purchase fuel at market-linked rates. During this period, oil companies were selling fuel to domestic carriers below cost, resulting in financial losses. According to the latest month…

ATF price cut by ₹5/litre to ₹110 on softer global oil prices Aviation turbine fuel now costs ₹110 a litre in Delhi, industry sources said

ATF price cut by Rs 5/litre to Rs 110 on softer global oil prices ATF Prices Cut for Int'l Airlines, LPG Rates UpJun 1, 2026 12:57 Jet Fuel Price Hike for Intl AirlinesMay 1, 2026 09:46 ATF Prices Rise 10%, New Price Stabilization Scheme for...Jun 9, 2026 16:55 Jet Fuel Price Hike: Impact on AirlinesApr 1, 2026 10:20 ATF Price Hike: Relief for Airlines, No Fuel SurchargeApr 1, 2026 16:48 Airfares to Rise: Jet Fuel Price SoarsApr 1, 2026 08:39 India''s manufacturing activity moderated in June, with the HSBC PMI falling to 54.2.... Adani Green Energy Ltd (AGEL) achieves 20 GW renewable energy capacity, a first for... Ola Electric''s electric two-wheeler registrations nearly doubled sequentially in Q1... Mahindra & Mahindra reported a 37% increase in total sales to 1.06 lakh units in June.... Commercial LPG prices for hotels & restaurants cut by Rs 183.50 per 19-kg cylinder on... Swiss agritech Innoterra India files for IPO with SEBI. The B2B milk procurement... Indian benchmark indices Sensex and Nifty rebound in early trade on Wednesday, driven... Indian rupee depreciates 19 paise to 94.75 against the US dollar in early trade. Global... Jet fuel (ATF) price cut …

ATF, commercial LPG prices cut as global crude cost eases Commercial LPG and aviation fuel prices have seen a significant drop, with state-run companies cutting prices by Rs 183.5 and Rs 5 respectively. This easing follows a decline in global crude prices and the reopening of the Strait of Hormuz. However, domestic LPG and petrol/diesel prices remain unchanged, as oil companies continue to absorb losses from earlier elevated crude bookings. Airfare relief is also unlikely due to ongoing airspace issues.

OMCs slash ATF prices by nearly Rs 5 per litre amid softer crude oil OMCs slash ATF prices by nearly Rs 5 per litre amid softer crude oil 01-07-2026 Wed 11:07 | Local | IANS New Delhi, July 1 : State-owned oil marketing companies (OMCs) have reduced aviation turbine fuel (ATF) prices by nearly Rs 5 per litre, effective from Wednesday, following a decline in international crude oil prices after easing geopolitical tensions in West Asia. According to the latest price notification, the price of jet fuel in Delhi has been cut to about Rs 110 per litre, coming into effect from July 1. The latest price cut is expected to lower operating costs for domestic carriers, although the actual benefit will depend on individual airlines' fuel procurement and hedging strategies. The reduction follows a softening in global crude oil prices in recent weeks as geopolitical tensions in West Asia eased and concerns over supply disruptions subsided, providing relief to airlines for which fuel is the single-largest operating expense. Earlier in June, the government had fixed the basic price of aviation turbine fuel (ATF) for domestic airlines at Rs 86.32 per litre for up to three years under the new pric…

International ATF prices cut 27%; commercial LPG, 5-kg cylinder ... India has announced a significant 27 per cent reduction in Aviation Turbine Fuel prices for international airlines, providing much-needed relief to overseas carriers, even as commercial LPG and 5-kg cylinder prices see a hike. Aviation Turbine Fuel (ATF) prices for international airlines were cut by a steep 27 per cent in monthly revision on Monday, offering significant relief to overseas carriers as global fuel benchmarks eased. ATF rates for domestic airlines, however, were left unchanged for a second consecutive month. The reduction lowers jet fuel prices for international carriers by more than $400 per kilolitre to about $1,100 per kl, industry sources said. Rates for these airlines had risen by $76.55, or 5.33 per cent, to $1,511.86 per kl on May 1 after increasing more than two-fold in April to $1,435.31 amid a surge in international energy prices. Domestic carriers will continue to pay Rs 104,927.18 per kilolitre for ATF, the rate that became applicable on April 1, when only a fourth of the required increase was passed on to airlines. The prices have remained unchanged since then. Despite a rise in i…

Centre Cuts ATF Prices By ₹5 Per Litre As Crude Softens The Centre has reduced aviation turbine fuel (ATF) prices by approximately ₹5 per litre, providing some relief to domestic airlines after a period of elevated fuel costs driven by geopolitical tensions and volatile crude oil markets. Following the revision, ATF in Delhi is now priced at around ₹110 per litre, according to a PTI report. The reduction comes after jet fuel prices had surged to record highs in recent months amid the conflict in West Asia, which significantly disrupted global energy markets and pushed up crude oil benchmarks. The Iran-Israel conflict had triggered a sharp rise in international oil prices, leading to a corresponding increase in aviation turbine fuel costs in India. As ATF constitutes a major component of airline operating expenses, the surge had added considerable financial pressure on domestic carriers. However, global energy prices have since eased. The decline in crude oil rates has been supported by improving geopolitical conditions, including a ceasefire agreement between the United States and Iran. Read Also Centre Raises Windfall Tax On Diesel, ATF Exports; Petrol Rate Unchanged The easing o…