Fri, Oct 06, 2023
Indigo's air travel becomes expensive - fuel surcharge imposed due to expensive ATF. Indigo imposed fuel surcharge up to ₹ 1000. How much will be the surcharge according to distance? What is the trend of ATF prices? Know complete details in this video.
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Tue, Mar 21, 2023
Government officials have indicated that the windfall tax would be removed once oil prices fall by $40 per barrel from what it was in July 2022 at the time it was introduced. India first imposed windfall profit taxes on July 1 last year.
Wed, Mar 01, 2023
ATF price is revised on the 1st of every month based on the average rate of international benchmark and foreign exchange rates.
Fri, May 12, 2017
OPEC and other major producers had been enjoying higher prices since agreeing in November to slash production, a strategy designed to rid global markets of excess supply. But now the strategy appears to be not working.
Tue, May 09, 2017
Lower crude oil prices comes as an opportunity for aviation firms, as they expect reduction in jet fuel prices which accounts for nearly 50% of airlines' operating cost. There are directly linked with international crude prices.
Wed, Apr 12, 2017
Ansuman Deb, Research Analysts of ICICI Securities said, “Q4FY17 is likely to be the bottom for airline margins as cost tailwinds come back from Q1FY18. As such, valuations will not depend on this quarterly performance. Yet, Q4FY17 will provide insights to how airlines fare in a relatively adverse scenario in their ability to pass on higher costs. ”
Tue, Mar 21, 2017
Changing legislatives, rising competition from foreign airlines, rebounding oil prices are painting the skies blue for aviation sector in India.
Wed, Mar 08, 2017
Air travel from Delhi to remote areas will be cheaper with the AAP government today announcing slashing of VAT on Air Turbine Fuel (ATF) from existing 25 per cent to one per cent to complement the Centre's regional connectivity scheme (RCS).
Wed, Feb 01, 2017
Indian Oil on Wednesday announced a 2.9% hike in jet fuel prices in Delhi to Rs 54,079.63 per kilo litre. The company said the hike in price would be effective from today onwards.
Sun, Jan 01, 2017
Aviation turbine fuel (ATF) price was hiked on Sunday by a steep 8.6% and subsidised LPG rate raised by Rs 2 per cylinder, the 8th increase in cooking gas price in seven months.
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