Aug 21, 2008

Jet fuel in India costlier than in Singapore, Hong Kong

Airlines in India pay the most for fuel when compared with other Asia Pacific hubs like Singapore, Hong Kong and Colombo, mainly on account of higher tax rates.

Aviation Turbine Fuel or jet fuel in Delhi, the city that houses the nation's second busiest airport, costs $1,291 per kilolitre while the same in Singapore is sold at $1,067 per kl. It costs $1,100 per kl in Hong Kong and $1,113 in Colombo.

For airlines, refueling cost in Delhi is 21.73 per cent higher than that in Singapore, according to a report by the Ministry of Petroleum and Natural Gas.

Similarly, airlines in India pay 14.82 per cent and 13.87 per cent more than what those in Colombo and Hong Kong pay respectively.

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