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Jet fuel prices for international flights reduced by 27%
Oil marketing companies have reduced the price of aviation turbine fuel for international flights by 27%, The Indian Express reported on Monday. With this, the rates of jet fuel for international operations have come down to levels similar to those for domestic flights.
The price of jet fuel for domestic flights was kept unchanged for the second consecutive month after airlines urged the oil marketing companies not to hike rates further, according to Bloomberg. Jet fuel for domestic flights will cost Rs 1,04,927 per kilolitre in New Delhi for June.
Last month, airlines had asked oil marketing companies Indian Oil, Bharat Petroleum, and Hindustan Petroleum to halt price hikes for domestic flights till the end of the war in West Asia, reported Bloomberg. This came after they reduced flights in March and April due to lower demand in the wake of high ticket prices.
In April, the government announced that oil marketing companies would hike jet fuel prices for domestic flights only partially by 25%. This meant that jet fuel prices in Delhi were increased by Rs 15,000 to reach Rs 1,04,927 per kilolitre, The Indian Express reported. However, the prices of jet fuel for international flights were increased significantly, translating to a rise of around Rs 73,000 per kilolitre.
In May, aviation turbine fuel prices for domestic flights were kept unchanged. However, the rates for international flights were increased by $76.55 to $1,511.86 per kilolitre. The price of jet fuel for international flights for June has now been brought to $1,100 per kilolitre, or around Rs 1,05,000, The Indian Express reported.
The war in West Asia has pushed up global oil prices and led to airspace restrictions that have increased operating costs. Aviation turbine fuel accounts for about 40% of an airline’s operating expenses.
On April 26, Air India, IndiGo and SpiceJet told the Union government that the country’s aviation sector was on the verge of “stopping operations” and had sought its intervention “for immediate and meaningful financial support to tide over the current situation”.
Air India said on May 13 that it would temporarily suspend its services on certain international routes from June to August due to airspace restrictions over some regions and record-high prices of jet fuel.
Since the conflict in West Asia broke out, the Strait of Hormuz, the narrow waterbody connecting the Gulf to the Arabian Sea, has been blocked for most international commercial vessels. About 20% of the global petroleum supply passes through the maritime chokepoint.
The airspace restrictions in West Asia have disrupted operations in the Gulf region and also forced airlines to take longer routes to Europe and North America.
Since April 24, 2025, Pakistan has also closed its airspace for Indian flights in the aftermath of the Pahalgam terror attack, which has forced airlines to take longer routes to West Asia.
Edited by Sneha.
Source: Scroll
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