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ATF prices rise about 10% as oil companies roll out fixed pricing

Deccan Herald
Karnataka based news
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ATF prices rise about 10% as oil companies roll out fixed pricing
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New Delhi: Aviation turbine fuel (ATF) prices were raised by around 10 per cent on Tuesday as state-owned fuel retailers rolled out a price stabilisation regime, offering domestic airlines a fixed fuel rate for up to three years in a move aimed at shielding carriers and passengers from sharp swings in global oil prices.Jet fuel for domestic airlines will now cost Rs 115 per litre, up from Rs 104.927, industry sources said.The new rate will be locked in for up to three years for airlines that opt

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