'The price of ATF in India is based on International Import Parity prices.'

Taxes causing `turbulence' for domestic airline companies

Your air-ticket on important routes such as Mumbai-New Delhi just got more expensive. First, fuel surcharges were raised and now base fares have been upped. Prices of ATF or Aviation Turbine Fuel are being blamed as the fuel currently accounts for more than half of every hundred rupees spent by domestic airline companies on operations.
While it's true that ATF prices in India have risen from an average of Rs 21 per litre in 2004, to an average of Rs 70 per litre today - crude prices and ATF prices have always had a high correlation and so, the price rise is not unnatural.

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