Will air travel become expensive again and the price of jet fuel increase?

In two consecutive months, i.e. in the months of August and September, there was a reduction of Rs 10,000 per kilo in the price of jet fuel. Now, as soon as the month of November begins, prices have started to rise again. In three out of every four meters the price of jet fuel reached 90,000 per kiloliter. This clearly means that an increase in airfares is possible in the coming days. Jet fuel accounts for 40 percent of the total cost of flying or operating an airplane. If the price of jet fuel depends on what the price of jet fuel is. Let us also tell you what is the price of jet fuel for domestic flights in the four metros of the country? Also, what impact could this have on the stocks of aviation companies?

What was the increase in the four meters of the country?

1. In the national capital Delhi, an increase of Rs 2,941.5 was observed in the price of jet fuel, following which the price increased from Rs 87,597.22 to Rs 90,538.72 per kilolitre.
2. At the same time, an increase of Rs 2,781.99 in the price of jet fuel has been observed in Kolkata, the capital of the largest state in the eastern region of the country. After which the price increased from Rs 90,610.80 to Rs 93,392.79 per kilolitre.
3. An increase of Rs 2,776.78 in the price of jet fuel has been observed in Mumbai, the financial capital of the country. After which the price increased from Rs 81,866.13 to Rs 84,642.91 per kilolitre.
4. An increase of Rs 2,992.67 in the price of jet fuel has been observed in Chennai, the largest metropolis in South India. After which the price increased from Rs 90,964.43 to Rs 93,957.10 per kilolitre.

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Jet fuel price may rise

An increase in airfares may be seen in the coming days. The new jet fuel prices are indications of this. Jet fuel accounts for 40 percent of an airline’s total operating cost. This means we may see an increase in airfares in the coming days. The effect of this can also be seen in the shares of the country’s aviation companies. Last month there was a 6 percent reduction in the price of jet fuel. After which there was a rise in the shares of Indigo and Spice Jet.