The reason for the rise in the price of crude oil Let us tell you that the rise in the prices of crude oil at the global level has also affected the aircraft fuel. State-owned oil companies have increased ATF prices by 5 per cent. In the capital Lucknow, the price of ATF has reached Rs 123,039.71 per kiloliter i.e. (Rs 123 a litre).
Good News! Do shopping openly, there is a big drop in the price of gold and silver in the wedding season, see the new rates
Prices are reviewed on 15 days Explain that the government oil companies review the prices of aircraft fuel on the 1st and 16th of every month. Since January 1 this year, air fuel has become costlier by close to 62 per cent.
Yogi government’s big initiative, facilities will be expanded in aided degree colleges with pension money
Flexi system is also the reason for increase in price Travel confidence among people has increased since the corona vaccination. Ticket demand has increased. For this reason, due to the flexi system, the fares are increasing along with the increase in the number of passengers. Let us tell you that as the ticket booking increases in the flexi system, so does the fare. This system increases the ticket price according to the demand. At the same time, airlines say that cost pressure has increased on them. Compared to the continuous increase in the cost of aviation turbine fuel, the increase in fares has been much less.
Price hiked by Rs 50,938 How much the burden of expensive fuel is increasing on air travelers can be gauged from the fact that the government has increased the prices of air fuel by Rs 50,938 in the year 2022 from January till now. In the last four-and-a-half months alone, air fuel prices have been increased by 61.7 percent. At the beginning of 2022, the price of ATF was Rs 72,062 per kiloliter, which has now increased to Rs 1.23 lakh.