Pakistan, June 21 -- The government has reduced jet fuel prices by Rs56.97 per litre, extending a broader trend of declining petroleum costs and creating expectations of lower airfares for domestic and international passengers. The latest reduction lowers the price of jet fuel to Rs238.87 per litre, offering potential cost relief to airlines operating across the country.

The move follows substantial cuts in petrol and diesel prices announced earlier this week as authorities adjusted fuel rates in response to changing market conditions. Officials believe the reduction could ease operating expenses for the aviation sector, which has faced rising fuel costs in recent years.

Jet fuel remains one of the largest expenses for airlines, often a...