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AVIATION TURBINE FUEL PRICES
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 ...
- Indian petrol demand to peak by 2035, says top refiner Indian OilIndian petrol demand is projected to peak by the year 2035 as electric vehicles become more prevalent. The chairman of Indian Oil Corp high...
- How Trump's 'little detour' to Iran became a roadblock in the midterm electionsThe Iran war, which Trump often describes as a "little detour," has emerged as an unforced liability for the president, who once promised t...
- The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s JetsBengaluru has become a hub for innovative biofuel initiatives as collectors harvest old cooking oil from restaurants for energy production....
- A Colorado family spent over 100 years raising cattle and growing crops on 10,000 acres; then 30 wind turbines added another income stream to their ranchThe Kochis family revitalized their historic ranch, creating the Rush Creek Wind Farm while preserving their farming legacy. Featuring 30 w...
- Sri Lanka seeks faster green energy shift after oil shocksSri Lanka is facing significant challenges in its transition to renewable energy due to rising oil prices. The government plans to increase...
- Adani Wind bags 696 MW turbine orders from 5 power producers, targets 10 GW capacityAdani Wind has received significant orders for 696.2 megawatts of wind turbines from five power producers. The contracts involve projects i...
- DGCA extends pilot rest rule deadline to March as airlines face cost pressuresThe Directorate General of Civil Aviation has extended the deadline for revised pilot rest rules to March 31, 2027. This extension is a res...
- 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...
- Union Pacific's third-quarter profit rises on pricing strengthUnion Pacific showcased impressive third-quarter adjusted profit, primarily fueled by increased fuel surcharge revenue and solid core prici...
- 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...
- India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
- Expensive flights, struggling airlines: Why India's airfare crisis has no easy fix for passengersIndia's proposed new airfare framework would require airlines to submit fare structures to the DGCA a month in advance, amid festive-season...
- 'Govt has no plans to regulate airfares'India's government has clarified that it will not regulate ticket prices for airlines under new rules. The new air fare regulations will al...
- Govt revises windfall gains tax for petrol and diesel exportsThe central government has increased the windfall tax on petrol exports to Rs 2.5 per litre. Simultaneously, the windfall tax on diesel has...
- Festive rush: Airlines hike fuel surcharge as ATF prices soarAirlines like Air India and Akasa Air have announced increased fuel surcharges for both domestic and international flights. The rise in avi...
- Flying gets costlier from October 9: Air India, Air India Express join Akasa Air in fuel surcharge hike; here's what you'll payIn a bid to manage escalating operating expenses amidst unpredictable global fuel costs, Air India and Air India Express will update their ...
- Akasa Air announces new fuel surcharge amid rising ATF prices; check how much passengers will payStarting October 9, Akasa Air will implement a fuel surcharge on domestic flights, with charges between Rs 375 and Rs 1,150 based on distan...
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