{"id":19476,"date":"2022-04-03T19:40:17","date_gmt":"2022-04-03T14:10:17","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=19476"},"modified":"2022-04-03T19:40:19","modified_gmt":"2022-04-03T14:10:19","slug":"aviation-fuel-price-hiked-by-2-airfares-expected-to-go-up","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/04\/03\/aviation-fuel-price-hiked-by-2-airfares-expected-to-go-up\/","title":{"rendered":"Aviation fuel price hiked by 2 %; airfares expected to go up"},"content":{"rendered":"\n<p class=\"has-drop-cap\">In the national capital, the price of <strong>aviation turbine fuel (<a href=\"http:\/\/ATF.cok\">ATF<\/a>) <\/strong>was raised by <strong>2%<\/strong>, or Rs 2,258.54 per kilolitre, to an all-time high of <em>Rs 1,12,924.83 per kilolitre. <\/em><\/p>\n\n\n\n<pre class=\"wp-block-verse has-text-align-center\">Prices in Kolkata, Mumbai, and Chennai increased to Rs 1,17,353.71, Rs 1,11,690.61, and Rs 116,583.71, respectively, per kilolitre. <\/pre>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"620\" height=\"464\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1614593103-0831.jpg\" alt=\"In the national capital, the price of aviation turbine fuel (ATF) was raised by 2%, or Rs 2,258.54 per kilolitre. Know more \" class=\"wp-image-19479\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1614593103-0831.jpg 620w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1614593103-0831-600x449.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1614593103-0831-300x225.jpg 300w\" sizes=\"(max-width: 620px) 100vw, 620px\" \/><\/figure>\n\n\n\n<p>This is the <strong>seventh increase<\/strong> since January 2022, as global energy costs continue to rise.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>ATF prices are updated twice a month, on the 1st and 16th, and vary by state due to <strong>different value-added taxes. <\/strong><\/li><li>The latest hike follows the steepest record hike on March 16 of 18.3% (Rs 17,135.63 per kilolitre). <\/li><li>Some airlines announced a price increase at the time. <\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>The reason for the increase is the <strong>continuous rise in global energy prices, <\/strong>which has been exacerbated by the <strong>Ukraine crisis and supply concerns.<\/strong><\/p><\/blockquote>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"970\" height=\"545\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1010655-engine.jpg\" alt=\"\" class=\"wp-image-19480\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1010655-engine.jpg 970w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1010655-engine-600x337.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1010655-engine-300x169.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1010655-engine-768x432.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/04\/1010655-engine-750x421.jpg 750w\" sizes=\"(max-width: 970px) 100vw, 970px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li> <strong>Brent crude<\/strong> was priced at $105 a barrel on Friday, up 65 percent year over year. <\/li><li>Jet fuel accounts for <strong>30-40<\/strong>% of the cost of operating an aircraft in India, and these price <strong>increases will slash profit margins<\/strong> even more for airlines that have already <strong>incurred large losses<\/strong> in recent quarters due to the pandemic. <\/li><\/ul>\n\n\n\n<p>Domestic aviation air traffic, on the other hand, has seen a jump in demand in recent weeks as the number of active Covid cases in the country has decreased. <\/p>\n\n\n\n<p>Stay Informed with us!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the national capital, the price of aviation turbine fuel (ATF) was raised by 2%, or Rs 2,258.54 per kilolitre. Know more <\/p>\n","protected":false},"author":2,"featured_media":19480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6761],"tags":[3269,245,881,5631,2277,5293],"class_list":{"0":"post-19476","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-airfares","9":"tag-atf","10":"tag-aviation-fuel","11":"tag-price","12":"tag-taxes","13":"tag-ukraine"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/19476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=19476"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/19476\/revisions"}],"predecessor-version":[{"id":19481,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/19476\/revisions\/19481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/19480"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=19476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=19476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=19476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}