DHAKA, July 7— Bangladesh has reduced jet fuel prices for both domestic and international flights for July, providing cost relief to airlines following several months of steep price increases.
The Bangladesh Energy Regulatory Commission (BERC) announced on Tuesday that the price of jet fuel for domestic flights has been lowered to Tk130.99 per litre, down from Tk150.21 per litre in June. The latest revision represents a reduction of Tk19.22 per litre, or nearly 13 percent.
For international flights, the regulator reduced the jet fuel price from $0.9808 per litre to $0.8556 per litre, according to an official notification issued by BERC.
The latest adjustment continues a downward pricing trend that began in May after authorities sharply increased aviation fuel prices earlier this year.
On March 24, Bangladesh raised jet fuel prices by around 80 percent for domestic flights and nearly 79 percent for international operations. Prices were increased again on April 7.
Since then, BERC has gradually rolled back the increases. Domestic jet fuel prices were reduced from Tk227.08 to Tk205.45 per litre for May, followed by a further cut to Tk150.21 per litre in June. The July revision brings prices down to their lowest level in recent months.
The price reductions are expected to ease operating costs for airlines, although the extent to which the savings will be reflected in passenger airfares remains unclear.
