ATF price slashed 23%, costs one-third of 'frozen' petrol, diesel rates

Jet fuel (ATF) prices have been slashed by a steep 23 per cent in line with a slump in international oil prices and it now costs about one-third of petrol and diesel whose rates continue to be frozen for the 50th day on Sunday.

Aviation turbine fuel (ATF) price has been cut by Rs 6,812.62 per kilolitre, or 23.2 per cent, to Rs 22,544.75 per kl in the national capital, according to a price notification by state-owned oil marketing companies.

ATF, which is used as a fuel in aeroplanes, now costs less than one-third of the price of petrol used