Oil companies cut jet fuel prices yet again

NEW DELHI: Extending a further relief to cash-strapped airlines, state-run oil companies on Saturday again cut Aviation Turbine Fuel (ATF) prices by Rs 2,480 per kilolitre, effective December 1.
    
This is the sixth cut in jet fuel prices since August when rates rose to an all-time high of Rs 71,028.26 per kl.
    
The ATF prices in Delhi will be lower by Rs 2,480 per kl at Rs 36,900.51 from Rs 39,380.51 per kl.
    
In Mumbai, home to the busiest airport in the country, prices were cut by Rs 2,584 per kl to Rs 38,103.42 per kl, an official of Indian Oil Corporation said.
    
Indian Oil, Bharat Petroleum and Hindustan Petroleum had on November 15 cut jet fuel prices by over 12 per cent or nearly Rs 5,580 per kilolitre.