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ATF PRICES IMPACT AIRLINES
Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
FLY91 plans to expand fleet to 60 aircraft in five years, targets 350 weekly flights: CEO Manoj ChackoRegional airline FLY91 plans to expand its fleet from six to around 60 aircraft over five years, backed by an order for 40 planes scheduled...
Parliamentary panel raises concerns over high airfares; IndiGo, Air India flag rising fuel costs, Pakistan airspace closureA parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fu...
IndiGo to consider hedging fuel as it ventures on long haul routesIndiGo is evaluating the possibility of hedging fuel costs as it plans for long-haul international operations. The airline's planned introd...
Government notifies new airfare rules, allows intervention in extraordinary situationsThe government has notified new rules allowing it to intervene in airline ticket prices in extraordinary situations and in the public inter...
Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen ...
Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
As US airlines deploy AI pricing tools, startups help travelers cash in on fare dropsInnovative startups such as JetBack, Junova, and Refare are harnessing artificial intelligence to assist travelers in reclaiming fare discr...
IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compa...
Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
Akasa Air hikes pilots' salaries by up to 15% to retain themThe revised pay structure will take effect January 1, 2027, with fixed monthly salaries increasing across all eight pilot grades, from firs...
Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
Goa rationalises aviation turbine fuel VAT to 7% from October 24, IndiGo welcomes moveGoa government has announced a reduction in the value-added tax on aviation turbine fuel to 7%. This revised VAT rate will come into effect...
Cheaper air tickets may remain a distant dream for Indian flyersIndian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciat...