Page 3 - Atf Price

ATF prices hiked by 16%, touch new record, as global crude prices soar

The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been increased by Rs 19,757.13 per kilolitre, or 16.26%, to Rs 1,41,232.87 per kl (Rs 141.2 per litre) in Delhi

Jet fuel price cut by 1.3%, commercial LPG rate reduced by Rs 135

Jet fuel prices on Wednesday were cut by 1.3 per cent -- the first reduction after 10 rounds of price hikes -- on softening international crude oil rates.

India's fuel sales fall in April first half after record rise in prices

Petrol sales fell almost 10 per cent in the first half of April when compared with the same period in the preceding month, while diesel demand slid 15.6 per cent

Domestic air traffic up 59% in FY22, 40% lower than pre-Covid level: Icra

It also expects elevated Aviation Turbine Fuel prices, aggravated by geo-political issues, to remain a near-term challenge for industry and will be a key determinant of profitability for the sector

Airline CEOs bat for lower taxes, better infra to tide over ATF price hike

They say 21% of an airline's revenue goes straight to govt by way of taxes; want improved processes in order to become hubs for global travel

Top Headlines: Fed signals more hikes; India may import cheap Russian oil

The Federal Reserve on Wednesday raised interest rates for the first time since 2018 and laid out an aggressive plan to push borrowing costs to restrictive levels next year

ATF price hike may delay the recovery seen by airlines recently

Raising the airfares further could hurt traffic volumes

Domestic airline industry calls for rationalisation of ATF taxes

India's domestic airlines have called for rationalisation of taxes on jet fuel to counter the massive rise in fuel prices.

Airlines may go for another round of fare hikes as crude prices bite

The govt has set minimum and maximum fares for domestic flights and these are applicable upto a fortnight. For booking beyond 15 days airlines are free to set their own fares.

ATF price hiked by steepest ever 18% to all-time high as crude oil surges

Jet fuel prices on Wednesday were hiked by over 18 per cent - the steepest ever increase - to all-time high levels after international oil price surged to a multi-year high

ATF price hiked by 3.3% to all-time high levels; fifth increase this year

Jet fuel prices on Tuesday were increased by 3.3 per cent to all-time high levels across the country, in step with international oil prices surging to over seven-year-high. This is the fifth hike in jet fuel or Aviation Turbine Fuel (ATF) prices this year following an unrelenting rise in global oil prices, but petrol and diesel prices remained unchanged for a record 116th day in a row, coinciding with electioneering to elect new governments in states like Uttar Pradesh and Punjab. ATF price was hiked by Rs 3,010.87 per kilolitre or 3.22 per cent to Rs 93,530.66 per kl in the national capital, according to a price notification of state-owned fuel retailers. Jet fuel, which makes up for almost 40 per cent of the running cost of an airline, has this year surged to new highs. The previous peak of Rs 71,028.26 per kl was recorded in August 2008 when international crude oil prices touched USD 147 per barrel. Brent crude oil on Tuesday was trading above USD 100 per barrel. ATF prices hav

Airlines to raise fuel surcharges on international routes in March

South Korean airlines are set to raise fuel surcharges on international routes next month as jet fuel prices rise at a faster pace, industry people said on Wednesday.

Aviation turbine fuel price hiked by 8.5%, touches all-time high

ATF price was hiked by Rs 6,743.25 per kilolitre or 8.5 per cent to Rs 86,038.16 per kl in the national capital, according to a price notification of state-owned fuel retailers

Aviation Ministry's role doesn't end with Air India: Jyotiraditya Scindia

In a Q&A, the aviation minister says he believes govt shouldn't be in the business of running airlines and must develop the ecosystem of civil aviation instead

ATF price hiked by 4.2%, second increase in Jan as petrol, diesel unchanged

Jet fuel or ATF price was hiked by 4.2 per cent - the second increase in rates this month warranted by firming international oil prices, but petrol and diesel prices remained unchanged

Jet fuel price cut by 3% in line with softening international crude prices

In the first reduction in rate in two months, jet fuel or ATF price on Thursday was cut by 3 per cent in line with softening international crude oil prices

Civil aviation min working on demand to bring jet fuel under GST: Kharola

ATF or jet fuel cost in India is among the highest in the world and the industry has long been demanding that it should be brought under GST regime

Top headlines: PM Modi receives Covid jab; ATF price raised by a steep 6.5%

Business Standard brings you top news of the evening

Hike in airfare limits: Puri says ATF prices up 3 times since May 2020

The first band consists of flights that are of less than 40 minutes duration

ATF price hiked 3 pc; no change in LPG, petrol, diesel rates

ATF prices are revised on 1st and 16th of every month based on average of benchmark international price and foreign exchange rate in the preceding fortnight