Oil companies have reduced air fuels (ATF) rates by 14.7% (9,990 / kg liter). This is the biggest cut till now. After this, the price of ATF has been Rs 58,060.97 per kg liter. One kilo liter is 1000 liters. Accordingly, the rate of ATF has been reduced to Rs 58.06 per liter. It is less than petrol-diesel. A liter petrol in Delhi is priced at 68.65 and diesel is priced at Rs 62.66.
Oil companies make changes in the rates of ATF on the first date of every month. Prices are fixed according to average international prices and rupee-dollar exchange rate. On December 1, 2018 ATF rate was reduced by 10.9% (8,327.83 / kg liter).
Airline companies will get relief
The current rate of air fuels is lowest after January 2018. At that time, the price was Rs 57,460 per kilo liter in Delhi.Decrease in Air fuels will be benificial for the aircraft companies struggling with losses. In the past year, most airlines suffered losses.Rajasthan Tourism App - Welcomes to the land of Sun, Sand and adventures