Sharp drop at the start of the month! Jet fuel prices reduced—will air travel become cheaper now?

Jet Fuel Prices: After revising export duties on petrol, diesel, and ATF on Tuesday, the government has now cut jet fuel prices. However, the prices of petrol and diesel remain unchanged.

Aviation Fuel Prices Cut: The impact of falling crude oil prices in international markets is now visible domestically. Today, July 1, 2026, state-owned oil marketing companies reduced Aviation Turbine Fuel (ATF) prices by approximately ₹5 per liter. With this reduction, the price of ATF in Delhi now stands at ₹110 per liter.

With this reduction, the price of ATF in Delhi now stands at ₹110 per liter. Following the drop in jet fuel prices, a reduction in airfares can also be expected, as ATF costs account for roughly 40–50% of an airline's operating expenses. Naturally, a drop in fuel prices raises the likelihood of lower airfares.

Prices Revised Twice a Month