Pakistan, June 27 -- The federal government has reduced the price of jet fuel by Rs7.15 per litre, providing some relief to Pakistan's aviation sector as airlines look to manage operating costs amid fluctuating global energy prices.

According to the latest notification, the price of jet fuel has been cut from Rs238.87 to Rs231.72 per litre, with the revised rate taking immediate effect. The reduction is expected to lower fuel expenses for domestic and international airlines operating in the country.

Jet fuel is one of the largest operating costs for airlines, often accounting for a significant share of overall expenditure. Any reduction in its price can help airlines improve operational efficiency and manage rising costs. However, it re...