ATF Prices Cut Before Budget: Air Tickets May Get Cheaper, Relief for Airlines

• Government oil companies reduced Aviation Turbine Fuel (ATF) prices by approximately Rs 1,000 per kiloliter.
• In Delhi, ATF prices dropped from ₹92,323.02 to ₹91,393.39 per kiloliter.
• This reduction could lead to cheaper air tickets and improved profitability for airlines, as fuel accounts for 40% of operational costs.
• Commercial LPG cylinder prices increased by up to ₹50, affecting hotels and restaurants.
• A 19 kg commercial LPG cylinder now costs ₹1740.50 in Delhi, ₹1844.50 in Kolkata, ₹1692.00 in Mumbai, and ₹1899.50 in Chennai.

Why It Matters: ATF price cut offers relief to airlines and potential for cheaper air travel, despite a hike in commercial LPG prices.