What Happened
Fuel Costs Rise For Airlines As Export Duties Fall
Aviation turbine fuel (ATF) prices in India have increased by ₹16 per litre, despite the government reducing the windfall tax on exports of diesel and ATF. The price hike is expected to add to the operating costs of airlines, particularly those with high fuel consumption. The reduction in windfall tax may benefit refiners, but the impact on domestic fuel prices remains to be seen. According to Aviation India, the new rates will apply until October 15, with the government reviewing the rates every two weeks based on international crude oil prices.