Fresh blow to airlines, ATF rate hiked by 50%

In a rude jolt to struggling-to-survive airlines, jet fuel price has been hiked by almost 50% in June. Now, a kilo litre of aviation turbine fuel will cost Rs Rs 33,575, up by Rs 11,000 from last month. Schedule domestic flights had restarted last Monday only and the demand for air travel is so far very muted.

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