Aviation turbine fuel (ATF) prices on Tuesday were hiked by 5.46 per cent, while the price of commercial LPG, used by establishments such as hotels and restaurants, was raised by Rs 9.50 per 19-kg cylinder, in line with a rise in their international benchmarks.
The price of Jet fuel or ATF has been raised by Rs 6.28 per litre, or 5.46 per cent, to Rs 121.28 per litre for domestic airlines, according to state-owned oil firms.
The increase comes on the back of a Rs 5 a litre rise in rates on August 1.
The two increases will add to the financial burden of airlines, for whom ATF makes up to 40 per cent of operating costs.
Commercial LPG prices have increased from Rs 2,738 per 19-kg cylinder to Rs 2,747.50. The price of the 5-kg market-priced cooking gas LPG cylinder, called 5-kg FTL, has also been increased from Rs 762 to Rs 764.
The rate hike follows two straight monthly reductions – a steep Rs 192 per 19-kg cylinder cut on August 1 and a Rs 183.5 cut on July 1. The two reductions in
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