Pakistan, June 28 -- The government has reduced the price of jet fuel by Rs7.15 per litre, lowering the new rate to Rs231.72 per litre. The latest adjustment is expected to provide financial relief to airlines by reducing one of their biggest operating expenses. Lower fuel costs may also improve the aviation sector's efficiency as carriers continue managing rising business challenges.

Jet fuel plays a vital role in airline operations because fuel expenses account for a significant share of overall flying costs. Therefore, the latest price cut could help domestic airlines manage their budgets more effectively while easing financial pressure created by previous increases in fuel prices. The move may also support smoother flight operations ...