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ATF PRICE STABILISATION
ATF prices rise about 10% as oil companies roll out fixed pricingAviation fuel prices have increased by about 10 percent. State-owned fuel retailers have introduced a price stabilization scheme. Domestic ...- Govt's new ATF pricing mechanism to fix Delhi fuel price at Rs 115/litre for airlines: Civil Aviation MinistryA new fixed Aviation Turbine Fuel (ATF) pricing mechanism will set a uniform selling price of approximately Rs 115 per litre in Delhi for b...
- IndiGo shares crack nearly 30% from peak. Will Iran war, soaring oil prices cause more turbulence?InterGlobe Aviation faces significant challenges in 2026 due to new FDTL norms causing pilot shortages and widespread disruptions. The Isra...
- Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
- Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
- Cabinet approves Rs 10,000 crore for ATF price stabilization fundThe Union Cabinet has approved a Rs 10,000 crore Aviation Turbine Fuel Price Stabilisation Fund. This fund aims to protect airlines and pas...
- Air India, IndiGo to cut domestic flight operations as ATF prices, low demand hurt: ReportAir India and IndiGo are reducing domestic flights starting June 1 for three months. This move comes as jet fuel prices surge and demand di...
- India must be alert amid West Asia crisis, no immediate worry: Civil aviation ministerIndia must stay alert to West Asia crisis fallout, though not worried now. Civil Aviation Minister Kinjarapu Rammohan Naidu stated this in ...
- ECLGS 5.0 to benefit 1.1 crore MSME accounts with additional credit support: SBI ReportThe government has approved ECLGS 5.0 to support MSMEs and airlines. This scheme aims to provide crucial working capital. Around 1.1 crore ...
- Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
- Asia, Europe could see jet fuel shortages in coming months: IATA chief Willie WalshGlobal airlines' grouping IATA warns of potential jet fuel shortages in Asia and Europe in the coming months. Extraordinarily high fuel cos...
- India craves a sweet fix for crude addiction. Can it work?India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...
- While bourses look at when uncertainty prices itself into valuations, Trump plays blackjackIndian stock markets face pressure from escalating West Asian geopolitical tensions. Rising oil prices impact India's economy, affecting in...
- Existing fare caps act as protector for passengers, airlines: Jyotiraditya ScindiaEmphasising that the civil aviation space is on the path of stabilisation after being impacted by the coronvairus pandemic, the minister sa...
- APAO wants govt to bring aviation turbine fuel under GST ActAPAO wants aviation fuel to be brought under the GST, which is intended to bring taxation of goods and services across various states under...
- Air India slashes fares on all routesThe Air India on Monday cut fares by reducing fuel surcharge by Rs 400 per ticket.
- Airlines not to slash fare immediatelyNational air carrier, Air India, and private air-carrier, Jet Airways, on Sunday said they were not planning to revise fares at the moment.
- Fares to remain same in festive season : SpiceJetLow-cost carrier SpiceJet on Thursday said it has no plans to alter its basic fare structures during the festival season, despite an expect...
- Pricing Pressure: Airlines wobble under the weight of ATFEven hefty losses have not dented the confidence of airline companies. “Indian aviation sector’s growth could be extremely, extremely high,...
- Airlines may get nod to hedge ATF for local flightsThe finance ministry is considering a proposal from domestic airlines for permission to hedge aviation turbine fuel (ATF) consumed for dome...
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