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If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...- ATF price cut by 1.5%, commercial LPG rates down Rs 14.5 per cylinderJet fuel prices were reduced by 1.5 percent and commercial LPG prices by Rs 14.5 per 19-kg cylinder in January. Cooking gas prices for hous...
- India needs to develop mineral strategy for the entire value chain, from exploration to recyclingFrom FY19 to FY24, India's mineral production growth has stagnated, with many major minerals seeing only single-digit growth or decline, pe...
- Russia offers India new fuel technology & solutions for atomic reactorsThe presentation covered the key developments which may enhance efficiency of the functioning units of the Kudankulam NPP, powered by VVER-...
- Bringing ATF under GST beneficial both to government as well as airlines: Jyotiraditya Scindia“Longer term it is much more efficient both from a taxation point of view and from an industry point of view to have ATF under GST because ...
- Indian Oil to examine US sanction's impact on CPCL expansionIOC plans to pull down the 1 million tonnes per year Nagapattinam refinery of its subsidiary Chennai Petroleum Corp Ltd (CPCL) and build a ...
- Aircraft maker Boeing 'concerned' about Jet AirwaysCurrently, Jet Airways Group has 123 aircraft, including Boeing 777-300, 737 MAX and 737s.
- BJP-led NDA government bridged trust deficit with states before implementing GST: Sushil ModiWe may have to wait for some more time for a slab rejig. If revenues cross Rs 1 lakh crore every month, then the GST Council can take a cal...
- A crude price below $70 is better for refining industry: MK Surana, HPCL“Because MS and HSD are not under GST, we are not able to claim GST input credit”
- Jet fuel price down 7%, but fare cuts unlikelyAfter the latest cut, ATF price in Delhi will be Rs 62,538 per kilo litre, making the fuel for planes cheaper than petrol which now costs R...
- Tata-SIA partnership can be a game changer in overcrowded aviation sectorTata-SIA can be a game changer, but allowing the Tatas to buy back the airline they divested from 60 years ago is an option in a crowded ma...
- Foreign companies like Etihad Airways, Singapore Airlines, AirAsia betting on long-term potential of Tata-SIA dealSingapore Airlines gets a play in the growing international travel from India. It can also operate direct flights to the Far East and Austr...
- Debt rejig: A breather for airlinesMore than Rs 60,000 crore of debt and no scope for any dramatic improvement in the situation was the quandary Indian airlines were facing w...
- Jet in talks with Gulf, Oman Air for dry leaseJet Airways has initiated fresh talks with Bahrain's national carrier Gulf Air and Oman Air to convert wet lease agreements into dry lease ...
- Kingfisher’s indecision is Jet’s gainIt's been a good new year for air travellers. As aviation turbine fuel (ATF) prices fell sharply last year, most airlines reduced their far...
- Kingfisher, Jet break-even not before 2010: ExpertsMallya's Kingfisher Airlines, a player in the full-services segment, expects to achieve operational breakeven this month. India Aviation 20...
- Govt likely to bail out ailing airlinesLoss-making domestic airlines can hope to finally get some relief from the government.
- Soaring fuel prices not only cause for airlines being in red: CRISILIn the first half of 2008, crude oil prices rose sharply, leading to a corresponding increase in the price of aviation turbine fuel. This i...
- Airfares may rise further on steep fuel pricesAirfares are set to rise yet again, even as budget carrier Air Deccan plans to close cheap options to consumers. Gizmos that will make airp...
- You don't have to be ultra rich to own an aircraft these daysA number of companies have come with single-engine aircraft with limited capabilities, but an irresistible price tag.
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