Money Saver India

Airfare may go up as jet fuel prices hiked

The price of aviation turbine fuel (ATF) or jet fuel was on Wednesday hiked by over 2.7 per cent – the second increase in rates in one month. Jet fuel constitutes over 40 per cent

The price of aviation turbine fuel (ATF) or jet fuel was on Wednesday hiked by over 2.7 per cent – the second increase in rates in one month. Jet fuel constitutes over 40 per cent of an airline’s operating costs and the price hike will raise the fuel cost of cash-strapped carriers. Go here for more.

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