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ATF Price Hike Could Affect Aviation, Hospitality Sectors

ATF Price Hike Could Affect Aviation, Hospitality Sectors
Higher ATF, Higher Fares: Sectors That Could Feel Impact Of ATF Price Hike · timesnownews.com

Aviation fuel became 5.46% more expensive on Tuesday.

This fuel is used by airplanes.

Cooking gas for businesses also became more expensive.

The price rose by Rs 9.50 for each 19-kilogram cylinder.

Hotels and restaurants commonly use this type of gas.

These price increases happened as international fuel prices went up.

The changes came during an escalating crisis in the Middle East.

Airlines, hotels, and restaurants could therefore face higher operating costs.

Key facts

ATF increase
5.46%
Commercial LPG increase
Rs 9.50 per 19-kg cylinder
ATF use
Fuel for aviation
Commercial LPG users
Establishments such as hotels and restaurants
Stated driver
Higher international benchmark prices
Context
Escalating Middle East crisis

Sources

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