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AIRLINE FUEL TAXES
Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...- IndiGo shares in focus as ATF prices rise 10% as fuel retailers launch 3-year price stabilisation schemeIndiGo shares are in focus after state-run fuel retailers raised aviation turbine fuel prices by around 10% while introducing a three-year ...
- 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 ...
- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- Buy, Sell or Hold: Elara Capital initiates buy on Bharti Airtel; Goldman Sachs has buy rating on IndigoBrokerages remained positive on select telecom, aviation and banking largecaps despite near-term macro uncertainties. Elara Capital initiat...
- Sustainable Aviation Fuel production volumes still disappointing: IATA DG Willie WalshThe International Air Transport Association (IATA) has released estimates showing that global Sustainable Aviation Fuel (SAF) production is...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- 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...
- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- 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...
- India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
- ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
- Actor Madhavan admires the company that just paid two and half months of extra salary to employees despite challenging timesActor R Madhavan shared news of Emirates Group's remarkable achievement. The Dubai-based airline gave employees a 20-week salary bonus. Thi...
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
- Flight ticket fares to remain low in June-July but Europe's largest airline Ryanair warns about fuel shortageRyanair's suppliers this week said there would be no disruption between now and mid-July, Group Chief Executive Michael O'Leary said in a ...
- Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...
- Ryanair sees peak summer fares flat as Iran uncertainty hits bookingsRyanair reported its annual profit slightly exceeded expectations, reaching 2.26 billion euros. However, the airline cautioned that economi...
- Delhi cuts VAT on aviation turbine fuel to 7% from 25%The Delhi government has significantly cut the Value Added Tax on Aviation Turbine Fuel. The tax on ATF will now be 7 percent, down from 25...
- Maharashtra reduces VAT on jet fuel from 18% to 7%Aviation Turbine Fuel tax cut in Maharashtra offers relief to airlines. The state government reduced Value Added Tax to 7% from 18% until N...
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