Jet fuel prices on Thursday were hiked by the steepest ever 16% to catapult rates to an all-time high in step with hardening international oil rates.
The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — has been increased by ₹19,757.13 per kilolitre, or 16.26%, to ₹1,41,232.87 per kl (₹141.2 per litre) in the national capital, according to a price notification of state-owned fuel retailers.