Jet Fuel on a rise touching a 7%

Aviation sector of India is a turbulent sector. Fluctuations in airfares, prices of fuel are a common phenomenon. This year in the season of festivals, India is going to be a very populated nation this joyful year, as if the rupee glide was not enough of a reason to remain all departure dates, the government has now hiked jet energy fuel expenses by a whooping 7 % taking the rates to a high of over Rs 75,000 per kiloliter. The hike in fuel prices has brought in a series of new speculations in the Aviation sector and in turn created a huge surge in the airline Travel sector flying the Indian skyline

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This is it all successive monthly increase in the airplane generator energy expenses, which have now gone up by over 20 % since July. Authorities said the current increase follows the continuing fall of the rupee against the dollar, US Money, which has made the transfer of raw oil more expensive. Fuel prices have always been unstable but the fluctuation is not seen on a steady growth changing the dynamics of the aviation sector.

This extreme increase in airplane generator energy air fuel along with extremely poor rupee would mean increasing airfares this year and the upcoming festive season may face some unperceived complications. Jet energy or Air Fuel comprises over 40 % of an airline's operating costs; which are paid in dollars. An airlines ’ dollar-denominated expenses also consist of expatriate staff incomes, rental accommodations, maintenances, airplane loans and interest installments.