State-owned oil firms cut aviation turbine fuel price by Rs 6,687.75 per kilolitre or 11.76%, to Rs 50,171.26 per kl - the lowest since September 2017. This is the third straight reduction in jet fuel rates since February, which make up for as much as 40 per cent of an airline's running cost. In all, rates have fallen by Rs 14,152.5 per kl or 22%.
from Energy-Industry-Economic Times https://ift.tt/3bbb6v0
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