Jet fuel prices surpass Rs 1 lakh, will flight tickets get more expensive?

Jet Fuel Price: After two months of continuous decline, jet fuel prices in the country have once again taken the common man by surprise. For the first time in 2026, jet fuel prices have exceeded Rs 1 lakh. This marks the first increase in jet fuel prices this year. Prices had dropped in January and February. From Delhi to Chennai, jet fuel prices have risen by about 6%.

In Chennai, the southern Indian city, the cost of jet fuel has surpassed Rs 1 lakh per kiloliter. As a result, airlines may need to raise flight ticket prices. Currently, fuel makes up 40% of airline operating costs. Thus, when fuel prices go up, airlines are compelled to hike ticket prices. Let’s also discuss the current jet fuel prices for both domestic and international flights.

Jet fuel prices for domestic flights

As per IOCL data, the cost of jet fuel for domestic flights in Delhi has increased by 5.74 percent, or Rs 5,244.75, bringing the total to Rs 96,638.14 per kiloliter. In Kolkata, the price has gone up by 5.44 percent, or Rs 5,141.52, to Rs 99,587.14 per kiloliter. Jet fuel prices for domestic flights in Kolkata have risen by 5.82 percent, or Rs 4,977.24, to Rs 90,451.87 per kiloliter. In Chennai, the price has increased by 5.80 percent, or Rs 5,498.5, to Rs 1,00,280.49 per kiloliter.

At the same time, jet fuel prices for international flights have also risen. This increase is noted in dollars. According to IOCL data, the price of jet fuel for international flights in the country’s four major cities has gone up by $38.06 per kiloliter. Consequently, jet fuel prices in Delhi, Kolkata, Mumbai, and Chennai have reached $816.91, $855.25, $816.62, and $812.32 per liter, respectively.

Iran Israel Tension

Meanwhile, The situation in the Middle East has become extremely sensitive. The conflict between Israel and Iran has directly impacted international air travel. In light of this war-like atmosphere, Air India has taken a significant step. Due to security concerns, the company has suspended all flights to the entire Middle East, including Dubai, Doha, Riyadh, and Tel Aviv, effective immediately.