Aviation Turbine Fuel Prices Unchanged for Domestic Airlines Amid Global Hikes
ATF prices unchanged for domestic airlines, international rates hiked: IOC
Business StandardImage: Business Standard
Aviation turbine fuel (ATF) prices for domestic airlines in India remain unchanged as IndianOil Corporation (IOC) absorbs global price increases to shield consumers. While domestic fuel prices are stable, international ATF rates have risen, reflecting a selective adjustment strategy by oil marketing companies.
- 01Domestic ATF prices remain unchanged to protect airlines and consumers.
- 02International ATF rates have increased due to global fuel price hikes.
- 03Retail prices for petrol, diesel, and domestic LPG cylinders are stable.
- 04About 80% of petroleum products have seen no price changes.
- 05Price adjustments are limited to select industrial segments.
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On Friday, the IndianOil Corporation (IOC) announced that aviation turbine fuel (ATF) prices for domestic airlines will remain unchanged, absorbing the impact of rising global fuel prices. This decision aims to protect both airlines and consumers amid international price volatility. Retail prices for petrol, diesel, and domestic LPG cylinders have also been maintained, ensuring stability for consumers who represent nearly 90% of total fuel consumption. IOC highlighted that approximately 80% of petroleum products have not experienced price changes, with only 4% seeing a decrease and 16%—primarily industrial fuels—recording price increases. The adjustments reflect a careful strategy by oil marketing companies to balance global trends with domestic consumer protection and economic stability.
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Stable fuel prices will help consumers save on transportation and living costs, particularly for airlines and households relying on LPG.
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