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The Times of India

Business

Sanjay Dutta | TNN

Steepest ever hike: ATF price crosses Rs 1 lakh per kilo litre; flying to get costlier

NEW DELHI: Flying is all set to get more expensive for passengers — and survival a lot tougher for weakened-by-pandemic airlines — with oil PSUs hiking aviation turbine fuel (ATF) by the steepest ever 18% (in one go) on Wednesday.

Following the sixth straight hike this year, jet fuel is dearer by 50% from January 2022 and has crossed the Rs 1 lakh mark per kilo litre (KL or 1,000 litres) mark for the first time in India.

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