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PSO Fixed New Jet Fuel Rate at Rs 283.52 Following Sweeping Eid Fuel Price Cuts
The government has slashed the price of jet fuel by Rs 48.80 per liter, bringing the new rate to Rs 283.52 and offering major relief to airlines expected to lower domestic fares. This marks a cumulative reduction of Rs 283 from the historic peak of Rs 517 touched during the height of the U.S.-Iran conflict, following closely behind the Rs 22 per liter Eid price cuts for petrol and diesel.
ND
by News Desk
2026-05-30
PSO Fixed New Jet Fuel Rate at Rs 283.52 Following Sweeping Eid Fuel Price Cuts

Detailed Report

  • Major Aviation Relief: The federal government has rolled out a sweeping price reduction for aviation turbine fuel (Jet A-1), providing substantial financial breathing room for domestic airlines and international aviation companies operating within Pakistan. According to an official pricing schedule released by the Pakistan State Oil (PSO) on Saturday, the state has slashed the price of jet fuel for large commercial aircraft by Rs 48.80 per liter. This major downward revision is highly anticipated to trigger a corresponding decrease in commercial airline ticket fares across the country, which had soared to prohibitive levels earlier in the year.

  • The Long Road Down from Wartime Highs: This latest intervention marks a massive stabilization milestone following the extreme energy market shocks triggered by the multi-month U.S.-Israel-Iran war in the Middle East. At the height of the regional maritime blockade and oil supply panic, Pakistan's jet fuel costs underwent a relentless series of upward adjustments—including five separate hikes in a single 28-day window—ultimately peaking at an unprecedented record high of Rs 517 per liter.

The Cumulative Correction: With today's Rs 48.80 reduction, the government has executed a total cumulative cut of Rs 283 per liter from that wartime peak, bringing the new baseline price of jet fuel down to Rs 283.52 per liter. While this provides immense structural relief, the pricing index still reflects a premium compared to the pre-conflict baseline of Rs 188 per liter recorded on February 28.

  • The Festive Fuel Slashing: The massive aviation fuel discount arrives directly on the heels of a broader, highly publicized energy price rollback tailored for the general public. On the third day of Eidul Azha, Prime Minister Shehbaz Sharif's administration slashed the retail pump prices of both motor gasoline (petrol) and high-speed diesel (HSD) by a flat Rs 22 per liter as a festive relief package. The official price limits across the mainstream transport sectors have been formally reset as follows:

Fuel Product Type Former Price Baseline New Fixed Ex-Depot Rate
Motor Spirit (Petrol) Rs 403.78 per liter Rs 381.78 per liter
High-Speed Diesel (HSD) Rs 402.78 per liter Rs 380.78 per liter

Tagged:

#JetFuelPrice #AviationPakistan #FuelPriceCut #PSOPakistan #AirlinesRelief #PakistanEconomy #EidFuelGift #BreakingNewsPakistan
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