Indigo is one of India’s largest airlines to fly domestically. This airline is operated by Inter-globe Aviation Limited. On 4th January, 2024 it was announced that due to a recent reduction in the Aviation Turbine Fuel, charges have been removed from the flights. Immediate action is to be taken to prevent any further delay.
On all domestic and international route flyways, Indigo has removed these fuel charges. They are no longer applicable. The actual ATF was cut to 4% and came down to pretty low prices. Even the gas that is commercially used for cooking decreased in terms of its pricing. The total percentage by which the ATF reduced was 3.9%.
The cooking gas was lowered by a margin of Rs 1.50 per 19 kg cylinder. The records broke all benchmarks set by international organizations earlier. This gas is used in kitchen cylinders for cooking purposes.
In jet prices, this is the continuous third month when the prices went low. They have been decreasing for a while now. If we look at the statistical analysis, 6% fell off in November and 4.6% dropped in December.
There is a researched status of the sudden and continuous price dropping of fuel. The export and import of the whole trading system plays a big and important role. It depends on the availability of resources, selling amount and buying amount, and the trade facilities initiated between countries.
With such continuous reduction, almost 45% of the total kilo liters affected the system. The reduction also affected the cost of operations, management, and finances of the people working in the airline business. This fuel charge was introduced in the business in October and the year 2023.