IndiGo, SpiceJet shares surge up to 6% as govt cuts ATF price
The ATF price has been reduced by almost ₹6,000 per kilolitre for the second month in a row in October.
The ATF price has been reduced by almost ₹6,000 per kilolitre for the second month in a row in October.
A 19-kg commercial LPG now costs ₹1,856.5 in New Delhi, down from ₹2,028.
The hike in ATF prices is likely to make air travel more expensive as aviation fuel constitutes around 40% of the running cost of an airline.
Aviation turbine fuel (ATF) prices witnessed an 18% jump on Wednesday.
Aviation turbine fuel (ATF) prices have been hiked by 3.3% to a record high of ₹93,530.66 per kilolitre in Delhi.