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Air travel could become cheaper, as jet fuel prices see a significant drop for the second consecutive month..

Shikha Saxena | February 1, 2026 11:15 AM CST

Ahead of the budget announcement, there's good news for air travelers. According to IOCL data, there has been a significant drop in the prices of jet fuel, also known as aviation turbine fuel. Jet fuel prices have fallen for the second consecutive month, which could provide relief to air travelers. This means that airline companies may soon reduce air ticket prices. The drop in jet fuel prices applies not only to domestic flights but also to international flights. Let's take a look at the current fuel prices for domestic and international flights in the country's four major metropolitan cities.

Jet Fuel Prices for Domestic Flights
According to IOCL data, in Delhi, the capital of India, the price of jet fuel for domestic flights has decreased by ₹929.63, bringing the price to ₹91,393.39 per kiloliter.

According to IOCL data, in Kolkata, the price of jet fuel for domestic flights has decreased by ₹932.4, bringing the price to ₹94,445.62 per kiloliter.

According to IOCL data, in Mumbai, the price of jet fuel for domestic flights has decreased by ₹877.56, bringing the price to ₹85,474.63 per kiloliter.

According to IOCL data, in Chennai, the price of jet fuel for domestic flights has decreased by ₹988.01, bringing the price to ₹94,781.99 per kiloliter.

Jet Fuel Prices for International Flights
According to IOCL data, the price of jet fuel for international flights from Delhi to Chennai has decreased by more than $12.50. In Delhi, the fuel price has decreased by $12.63, bringing the price to $778.85 per kiloliter. While Kolkata saw a decrease of $12.57, bringing the price to $817.19 per kiloliter, Mumbai witnessed a $12.71 drop in jet fuel prices for international flights, with the price now at $778.56 per kiloliter. In Chennai, jet fuel became $12.57 cheaper, settling for $774.26 per kiloliter.

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