India reduced ATF prices by 4.6% on September 1, 2024, affecting airline operating costs.

On September 1, 2024, India reduced aviation turbine fuel (ATF) prices by 4.6%, easing operating costs for airlines, where fuel accounts for around 40% of expenses. In contrast, the price of commercial LPG increased by ₹39 to ₹1,691.50 per 19-kg cylinder. Domestic cooking gas prices remained unchanged. These adjustments reflect fluctuations in international oil prices and exchange rates, with revisions occurring monthly by major oil retailers.

7 months ago
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