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News
aviation turbine fuel
Aviation turbine fuel News
aviation turbine fuel
01 Jun 2024
ATF Price Cut By 6.5%, Windfall Tax On Crude Petroleum Reduced
The government has reduced the windfall tax on domestically-produced crude oil to Rs 5,700 per tonne from Rs 5,700 which is effective from June 1, 2024.
Indigo
04 Jan 2024
IndiGo Strikes-Off Fuel Charge After Aviation Turbine Fuel Price Come Down
IndiGo, a major Indian airline, halts fuel charge collection on tickets after a surge in jet fuel prices, effective three months post introduction.
petrol prices
01 Apr 2022
Petrol, Diesel price on April 1: Jet fuel price witnesses hike by 2%
Aviation turbine fuel was raised by Rs 2,258.54 per kilolitre, or 2%, to Rs 1,12,924.83 per kilolitre in the national capital. The hike in fuel costs is due to disruptions in supply chains and the resulting increase in global oil prices as a result of the crisis in Ukraine. On Thursday, crude oil prices tumbled 7% to slightly above $100 a barrel.
aviation turbine fuel
03 May 2020
Aviation Turbine Fuel price cut 23 per cent, costs one-third of petrol, diesel
On May 3, aviation turbine fuel price was cut by Rs 6,812.62 per kilolitre, or 23.2 per cent, to Rs 22,544.75 per kl in the national capital, according to a price notification by state-owned oil marketing companies.
jet fuel price
01 Jan 2019
ATF price cut by 14.7%; costs less than petrol, diesel
Jet fuel price Tuesday was cut by a record 14.7 percent on the back of decline in international rates, making it cheaper than both petrol and diesel.
Excise duty cut
10 Oct 2018
Government cuts excise duty on aviation turbine fuel to 11%
This comes as a relief to the aviation industry that has been hit hard by high fuel prices.
GST Council
20 Aug 2018
GST Council may propose inclusion of ATF under GST in its next meeting
ATF constitutes approximately 35-40 percent of operational cost of an airline in India.
Indigo
29 May 2018
IndiGo to levy up to Rs 400 fuel surcharge per passenger; fares set to rise
IndiGo is the first local carrier to announce passing on the burden of spiralling jet fuel prices to the passengers.
aviation turbine fuel
23 May 2018
ATF price hike may lead to increase in air fares: Experts
Since the jet fuel accounts for 45 percent of an airline's cost of operation, the carriers could think of hiking the prices by up to 15 percent, the experts feel.
Civil Aviation Ministry
17 May 2018
Civil Aviation Ministry likely to approach GST Council for inclusion of ATF
An indication to this effect was given by a senior official of an airline here following a meeting with Minister of State for Civil Aviation Jayant Sinha.
aviation turbine fuel
01 Aug 2017
LPG price cut by Rs 40 per cylinder; ATF price hiked by Rs 1097/KL
In the last review OMCs had not changed the price of both ATF and non-Subsidised LPG.
Goods and Services Tax
27 Jun 2017
Natural gas may be included in GST, to benefit ONGC
The oil ministry has taken up with the finance ministry for early inclusion of all the five exempted products in GST.
BP India
06 Oct 2016
BP India gets license to sell jet fuel in India
BP will soon start local sales of aviation turbine fuel.
Air travel
01 Jul 2016
Air travel set to get costlier- Know why
In the five increases, ATF rates have gone up by 25 percent, or Rs 9,985.87, per kilolitre since March.
Airfares
01 Jun 2016
Airlines may increase price of tickets with hike in ATF
With the Government affecting a steep over nine percent hike in aviation turbine fuel (ATF), airlines may increase the price of tickets.
cooking gas
01 Apr 2016
Non-subsidised LPG price cut by Rs 4 per cylinder, jet fuel price hiked 8.7%
Aviation Turbine Fuel (ATF), or jet fuel, price was on Friday hiked by 8.7 percent but that of non-subsidised cooking gas LPG was cut by Rs 4 per cylinder on global trends.
aviation turbine fuel
13 Jan 2016
BP gets approval to sell jet fuel to airlines in India
After nearly two years of wrangling, BP plc has won an 'in-principle' approval to retail aviation turbine fuel (ATF) to airlines in India.
LPG
01 Jan 2016
Non-subsidised LPG price hiked by Rs 49.5 per cylinder
The oil firms raised prices of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, by Rs 49.5 per 14.2-kg bottle.
LPG
01 Dec 2015
Price of non-subsidised LPG hiked by Rs 61.5 per cylinder
Jet fuel or ATF price was cut on Tuesday by a marginal 1.2 percent, the third reduction in as many months, while rate of non-subsidised cooking gas (LPG) was hiked by Rs 61.50 a cylinder due to global cues.
LPG
02 Nov 2015
Non-subsidised LPG rate hiked by Rs 27.50 per cylinder
The hike in rate comes on back of four straight monthly reduction. Non-subsidised LPG price was last cut on October 1 by Rs 42 to Rs 517.50 in Delhi.
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