Pakistan, June 20 -- Pakistan has reduced the price of jet fuel by Rs56.97 per litre, bringing the new rate to Rs238.87 per litre. The decision follows recent cuts in petrol and diesel prices and is expected to ease pressure on the aviation sector. The move is significant for airlines and may benefit passengers through lower fares.

According to official sources, the reduction in jet fuel prices is part of a broader adjustment in domestic fuel rates. Authorities said the revised pricing reflects changes in global oil market trends and domestic economic considerations. The adjustment comes shortly after substantial reductions in petrol and diesel prices.

Industry sources say the latest cut could lead to a decrease in airfares in the comin...