Ibrahim Nasir International Airport reduces jet fuel costs

Ibrahim Nasir International Airport reduced the price of jet fuel from US$1.16 per litre to US$1.14 per liter for international flights and from US$1.14 to US$1.13 for domestic flights, reports local media.

The State Trading Organisation (STO) signed a US$136 million agreement March 31 to provide Maldives Airports Company Limited (MACL) with jet fuel.

The MACL said the price reduction is a result of the decrease in the product’s cost, which took effect April 1.