Budget 2022: Expensive Air travel..?

Sowmiya Sriram
Budget 2022: Expensive air travel..?

The ATF price was hiked on the first day of the month amid rising international crude oil prices. Even before the budget was tabled, air travelers were left with great disappointment. Accordingly, traveling by air will be expensive. The ATF price was hiked on the first day of this month as crude oil prices rose in the international market. ATF (Aviation Turbine Fuel) is up 8.5 percent. ATF price increased by Rs.6743 / kg per kiloliter.
According to state-owned petroleum companies, the ATF price in delhi has gone up from Rs 79,294.91 to Rs 86308.16 per kiloliter. It is noteworthy that in january, the price of ATF was doubled. It is noteworthy that the price of ATF has doubled in the past January. On january 1, fuel prices rose by Rs 2,039.63 or 2.75 percent to Rs 76,062.04 per kiloliter. Similarly in december before that, ATF prices were cut twice.

In mid-November, the maximum price of aviation fuel was Rs 80,835.04 per kiloliter. However, ATF prices have gone up again. Prices are revised twice a month. It is noteworthy that the price of aviation fuel is changed twice on the 1st and 16th of the month. international crude oil prices have fluctuated during this period. On november 5, 2021, Brent crude was at $ 82.74 a barrel. At the same time, december 1 fell to $ 68.87 per barrel.
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