5Photo© business-standard.comCommercial LPG Cylinder Price Rises By Rs 9.50, Non-Domestic Cylinder Also Gets Costlier
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Aviation turbine fuel (ATF) prices on Tuesday were hiked by 5.46 per cent, while the price of commercial LPG, used by establishments such as hotels and restaurants, was raised by ₹9.50 per 19-kg cylinder, in line with a rise in their international benchmarks.
The price of Jet fuel or ATF has been raised by ₹6.28 per litre, or 5.46 per cent, to ₹121.28 per litre for domestic airlines, according to state-owned oil firms.
The increase comes on the back of a ₹5 a litre rise in rates on August 1.
The two increases will add to the financial burden of airlines, for whom ATF makes up to 40 per cent of operating costs.