Jet fuel prices in India have reached an unprecedented level, crossing ₹2 lakh per kilolitre for the first time, sending shockwaves across the aviation sector. The surge comes amid escalating global tensions and rising crude oil prices.
Global Crisis Drives Fuel Surge
The sharp rise in Aviation Turbine Fuel (ATF) is linked to geopolitical instability in West Asia, which has disrupted oil supply chains and pushed global energy prices higher. Reports indicate domestic ATF prices jumped by over 100% in initial estimates, while international rates also surged significantly.
Airlines Face Mounting Pressure
Fuel accounts for nearly 40% of airline operating costs, making this increase a major financial burden. A weakening rupee has worsened the situation, as most aviation expenses are dollar-based.
Impact on Passengers
Airlines may pass on the increased costs to passengers, leading to higher airfares in the coming weeks, especially on international routes where full price hikes apply.
