Jet fuel prices more than doubled to Rs 2 lakh per kl for first time: How will it impact travellers?

India's Aviation Turbine Fuel (APF) cost soared to an unprecedented high after oil prices spiked globally due to escalating tensions in West Asia. The price of ATF was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent. Domestic airlines will pay half of what other carriers, such as non-scheduled, adhoc and charter would pay. For them, the prices have gone up by Rs 110,703.08 per kl, or 114.5 per cent, to Rs 207,341.22 per kl. Jet fuel prices were deregulated more than two decades back, and since then, the rates are aligned with benchmark international prices, as per a written understanding with the airlines.