Good news for aviation companies! ATF price cut by 2.7% on falling global rates
The reduction comes on back of two successive monthly hikes, the last being a steep 7 per cent on June 1 that took rates to four-year high of Rs 70,028 per kl in Delhi. ATF price was on May 1 was raised by Rs 3,890 per kl (6.3 per cent) to Rs 61,450 per kl.
Aviation turbine fuel (ATF) price was on Sunday cut by 2.7 per cent. Image source: Pixabay