PTI reports, state-run oil marketing companies on November 3, cut jet fuel prices further by Rs 2,100 per kilolitre on top of the 17 per cent reduction, which was announced last week after the government exempted Customs Duty on fuel last week.
Oil majors like Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) from the 1st of this month have cut Aviation Turbine Fuel (ATF) price by Rs 9,429.87 per kilolitre to Rs 47,017.93 per kilolitre in Delhi.
Following the fall in international oil prices, ATF price for domestic airlines reduced further by Rs 2,100 per kilolitre from last night. For international airlines, who do not pay local taxes or Value Added Taxes (VAT) the reduction will be USD 35 per kilolitre.
But whats the use? These bloody airlines wont cut the fuel surcharges anyway 🙁
Karthik, if we passengers write to the CEOs of each of our favourite airlines, and inform them of our expectations, they will listen. Nobody in the world, especially today, wants irate customers.