The Bangladesh Energy Regulatory Commission (BERC) has issued a notification increasing the price of jet fuel used in domestic and international flights by about Tk 90 per liter. The new rate will take effect from midnight, according to the circular released on Tuesday. The Aviation Operators Association of Bangladesh (AOAB) has termed the hike unjustified and urged the government to reconsider the decision.

In a press statement, AOAB said the sudden and large increase in Jet A-1 fuel prices does not reflect current market realities. The association noted that there is no fuel shortage in the country, as 25 oil tankers arrived in the past 22 days with fuel purchased at previously set prices. It also pointed out that global oil prices have recently declined, making such a sharp increase unreasonable.

AOAB warned that the new price could severely strain airlines financially, raise domestic airfares, and threaten the sustainability of the aviation sector. The group cautioned that continued pressure might even force suspension of domestic flight operations if the situation persists.