New Delhi: Aviation Turbine Fuel (ATF) prices for international airlines were cut by a steep 27 per cent in monthly revision on Monday, offering significant relief to overseas carriers as global fuel benchmarks eased. ATF rates for domestic airlines, however, were left unchanged for a second consecutive month.
The reduction lowers jet fuel prices for international carriers by more than USD 400 per kilolitre to about USD 1,100 per kl, industry sources said.