ISLAMABAD: Airline passengers in Pakistan are expected to face higher travel costs following a significant increase in jet fuel prices internationally. According to a media report, in Pakistan the price of aviation turbine fuel (ATF) has been raised by Rs154 per litre by the government.
Following the increase, jet fuel prices have surged from Rs188.93 to a record Rs342.37 per litre, marking an increase of about 82%.
Airline representatives have cautioned that this hike may result in airfares rising by as much as Rs5,000. The increase in jet fuel costs is anticipated to impact both domestic and international flight ticket prices, with airlines warning of the potential for higher expenses for travelers.
Unlike gasoline, which is produced in high volumes globally (including US shale), the highest concentration of high-quality jet fuel production and export is in the troubled Persian Gulf, leading to a dispropotionate increase in its price.
In addition to air travel, the fares for both passenger and freight trains have also been raised. The increase in train fares is reported to be up to 20%, affecting a wide range of rail services across the country.
The adjustments in transportation costs come amid broader economic pressures and fluctuating global energy prices. The changes are expected to have a direct impact on commuters and the logistics sector, as both air and rail travel remain vital modes of transportation in Pakistan.
