Government cuts jet fuel price by Rs7.15 Per Litre

The federal government has reduced the price of jet fuel used by commercial airlines by Rs7.15 per litre, a move expected to ease operational expenses for the country's aviation sector.

The federal government has reduced the price of jet fuel used by commercial airlines by Rs7.15 per litre, a move expected to ease operational expenses for the country’s aviation sector.

Following the latest revision, the price of Jet A-1 fuel has been fixed at Rs231.72 per litre, providing financial relief to domestic and international carriers operating in Pakistan. The reduction comes amid recent fluctuations in global oil markets and is likely to lower fuel costs, which account for a significant portion of airline operating expenses.

According to informed sources, the decrease in jet fuel prices is expected to improve the financial position of airlines by reducing overall operating costs. Industry experts believe the move could help carriers manage rising expenses and strengthen the aviation sector, although any direct impact on airfares will depend on the commercial policies of individual airlines.

Officials noted that aviation fuel prices had surged sharply during the period of heightened geopolitical tensions in the Middle East, pushing costs well above previous levels. Before those developments, jet fuel was available at around Rs188 per litre, highlighting the significant increase that occurred due to global supply concerns and higher crude oil prices.

The latest price cut is being viewed as a positive step for the aviation industry, which has been facing increasing cost pressures in recent months.