India’s Oil Marketing Companies have withdrawn their earlier ATF rate announcement for April 2026 and released a fresh set of revised figures that now stand as the official jet fuel prices effective April 1, 2026. The earlier announcement, which had shown a more than 100 percent increase and triggered widespread alarm across Indian aviation and financial markets on Wednesday morning, stands deleted. The new rates reflect the government’s policy decision to pass through only a partial and staggered increase to domestic airlines to insulate domestic air travel from the full force of the Iran war’s impact on global energy markets.
The Final City-Wise ATF Rates — April 1, 2026
Delhi: Rs 1,04,927 per kilolitre. Kolkata: Rs 1,09,450 per kilolitre. Mumbai: Rs 98,247 per kilolitre. Chennai: Rs 1,09,873 per kilolitre.
These are the confirmed rates effective from today, April 1, 2026, for domestic aviation turbine fuel supplied to airlines at these four major aviation hubs. All four cities remain below the Rs 1,10,000 per kilolitre mark, a dramatically different picture from the Rs 2,07,341 per kilolitre figure that appeared briefly in the earlier IOC notification and that multiple media outlets reported in good faith before the correction was issued.
How These Numbers Compare to March
In March 2026, ATF prices in Delhi were Rs 96,638 per kilolitre. The confirmed April price of Rs 1,04,927 represents an increase of approximately Rs 8,289 per kilolitre or roughly 8.5 percent month on month. Mumbai moves from Rs 90,451 last month to Rs 98,247, an increase of approximately Rs 7,796 per kilolitre or roughly 8.6 percent.
The increases across all four cities are broadly in the 8 to 9 percent range month on month, consistent with the government’s stated policy of a partial pass-through of approximately 25 percent of the formula-driven increase, equivalent to Rs 15 per litre or Rs 15,000 per kilolitre, which translates into the approximately 8 to 9 percent increase seen in the final city-wise figures depending on the base price at each location.
The city-wise variation in absolute prices reflects the differential in local taxes, transportation costs from refineries, and state-level levies that have always produced different ATF prices across Indian airports. Chennai and Kolkata at approximately Rs 1,09,000 to Rs 1,09,873 are the most expensive among the four cities. Mumbai at Rs 98,247 is the least expensive, reflecting its proximity to refining infrastructure.
What the Earlier Number Was and Why It Appeared
The formula-driven market price for domestic ATF in April, based on international crude benchmarks and the Strait of Hormuz closure’s impact on global jet fuel markets, would have been above Rs 2,00,000 per kilolitre. The initial IOC notification published that formula output before the government’s policy decision to cap the domestic pass-through at 25 percent was reflected in the final pricing. The Ministry of Petroleum and Ministry of Civil Aviation intervened to approve a partial and staggered increase, directing OMCs to absorb the substantial majority of the formula-driven increase rather than passing it to domestic airlines.
The deleted earlier announcement and the corrected final rates represent the resolution of that process. The formula said Rs 2,07,341 in Delhi. The government said Rs 1,04,927. The difference of approximately Rs 1,02,414 per kilolitre is being absorbed by OMCs as a policy measure to protect domestic air travel costs.
What Happens Next
Airlines will now price their April fuel costs based on these confirmed figures. Fuel surcharges that were imposed or revised last month are expected to see modest further adjustments to reflect the approximately 8 to 9 percent month on month increase. Base fares on domestic routes will also be recalibrated but the scale of revision required at these ATF levels is manageable compared to what a full market pass-through would have demanded.
International ATF pricing for Indian carriers continues to reflect full market rates, consistent with the government’s stated policy that only domestic routes receive the partial pass-through protection.
Business Upturn has updated its earlier coverage of today’s ATF pricing developments to reflect these final confirmed figures. The correct April 2026 ATF prices are those listed above. All earlier figures referenced in our reporting this morning were based on the initial OMC notification which has since been deleted and replaced by today’s revised announcement.
ATF price data is sourced from the revised OMC announcement effective April 1, 2026. Earlier Business Upturn articles published today based on the initial OMC notification have been updated to reflect these corrected figures. This article is for informational purposes only and does not constitute financial or investment advice.
Comments are closed.