The largest public sector refiner and oil retailer, Indian Oil Corporation, has reduced aviation turbine fuel prices for both international and domestic flights at New Delhi, Kolkata, Mumbai and Chennai for the period of July 1-16, IOC said on its website.
This is the third straight month in a row that IOC has slashed the ATF price for international flights, but the cut is the smallest this time round at 0.8-0.9%. Its ATF price for domestic flights was reduced by around 2.6-2.8%, wiping out the 2.2-2.5% rise in prices for the June 16-30 period.
IOC's ATF rates for international flights for New Delhi, Kolkata, Mumbai and Chennai are now at $976.84/kiloliter, $1,012.71.75/kl, $968.81/kl and $972.51/kl respectively, for the first half of July.
It's ATF rates for domestic flights are Rupees 56,246.86/kl for New Delhi, Rupees 64,216.28/kl for Kolkata, Rupees 56,964.01/kl for Mumbai and Rupees 60,565.18/kl for Chennai.
Jet fuel at Indian airports is supplied by IOC and fellow state-owned refiners Hindustan Petroleum Corp. Ltd. and Bharat Petroleum Corp. Ltd. ATF rates for HPCL and BPCL were not available, but according to a source at IOC, they tend to be the same across the three companies.
The companies revise their ATF prices at the start of a new month for international flights and on the first and 16th of every month for domestic flights.
INDIAN AIRPORTS' OPERATING PERFORMANCE FOR APRIL
Indian airports handled a total 122,871 aircraft movements in April up 10.2% from a year earlier and it saw a 14.1% year-on-year increase in the total number of passengers handled -- both international and domestic -- to 12.57 million from 11.02 million a year earlier, according to the latest data released earlier this week on the Airports Authority of India website.
These airports had also handled 192,134 mt of freight during the month, up 6.7% from a year earlier volume of 180,022 mt.
Meanwhile, Kolkata airport handled 781,999 passengers in April 2011, up 9.0% from a year earlier, while New Delhi's passenger traffic rose 26.2% year on year in April to 2.9 million. The airport in Mumbai handled 2.41 million passengers in April, up 9.0% from a year earlier, while the Chennai airport saw passenger traffic reach 1.0 million in April, up 8.5% from a year ago.
As for freight, the Chennai airport recorded a marginal 0.8% year-on-year increase in April to 30,067 mt, while freight traffic at New Delhi climbed 6.2% year on year to 49,858 mt in April. Freight traffic at Kolkata rose 8.5% year on year to 9,704 mt, while traffic at Mumbai rose 12.0% year on year to 56,246 mt.
AAI manages a total of 125 airports which include 11 international airports, eight customs airports, 81 domestic airports and 25 civil enclaves at defense airfields.
