Flight tickets in Pakistan may become cheaper as jet fuel …..

Flight tickets in Pakistan may become cheaper as jet fuel …..

Flight tickets in Pakistan may become cheaper as jet fuel price drops by Rs 56.97 per liter

ISLAMABAD – A day after cutting petrol and diesel prices, the Pakistani government has cut jet fuel prices by Rs 56.97 per liter and set a new rate of Rs 238.87 per litre.

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The changes are said to be a relief to crisis-hit airlines, and also to passengers, who have been forced to pay 20-25 percent more over the past two months.

The latest cut comes amid rate revisions as the government cut petrol prices by Rs 74.28 per liter and diesel prices by Rs 67.31 per litre, providing broad-based relief amid concerns over transport and energy costs.

Aviation industry observers said the drop in jet fuel prices is particularly significant because fuel is a large part of an airline’s operating costs. With costs easing, expectations are growing that airlines may review their fare structures and pass on some of the savings to passengers.

For travelers, the development offers much hope at a time when travel costs are a major concern. While the airlines have not yet announced any adjustments in fares, industry sources believe that the reduction in fuel costs could create scope for more competitive ticket prices, especially on domestic routes.

The impact of the latest price cuts will become clear in the coming weeks as airlines assess operational costs and market conditions. For now, the government’s decision is being welcomed as another step in the broader trend of lower fuel prices, with potential benefits for both the aviation sector and the traveling public.

Petrol levy reduced by Rs 40 per liter in Pakistan, diesel levy increased by Rs 19.71

The post Flight tickets are likely to be cheaper in Pakistan, jet fuel price reduced by Rs 56.97 per liter appeared first on Daily Pakistan News

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