Fuel Price: Airline company AirAsia X has reduced its fares from June 15, after which people want to know whether the prices of petrol and diesel can also be reduced.

Air travel becomes cheaper.

Fuel Price: Amidst inflation and rising travel costs, travelers have some relief. AirAsia X has reduced its ticket fares by approximately 5 percent. The company stated that this decision was taken due to the drop in jet fuel prices. Following AirAsia's decision, people are now wondering: If flight tickets can become cheaper, will petrol and diesel prices also decrease? Let's find out here.

Why did tickets become cheaper?

In the past few weeks, international crude oil and jet fuel prices have softened. Fuel accounts for a significant portion of airlines' total expenses. Therefore, when jet fuel becomes cheaper, airlines' costs decrease. Passengers are now beginning to benefit from this. The CEO of AirAsia X stated that the company has reduced ticket fares on several routes since June 15th.

Will other companies also reduce fares?

If fuel prices remain under control, other airlines may also reduce fares in the future. Cheaper tickets during the summer holidays and festival season will ease the pressure on the public's pockets.

When will petrol and diesel become cheaper?

Now that flight tickets have become cheaper, people are wondering if petrol and diesel prices could also become cheaper. In fact, petrol and diesel prices in India don't depend solely on crude oil. They also include taxes, VAT, freight charges, and oil company margins. However, if crude oil remains low in the international market for an extended period, the government and oil companies may reduce prices.