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FIXED AIRFARES
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 ...- In graphic: How Union Cabinet's Rs 10,000-crore price stabilisation fund for aviation turbine fuel will workLast week, the Union Cabinet approved a Rs 10,000-crore price stabilisation fund for aviation turbine fuel, fixing a static price of Rs 115...
- 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...
- Old vs new tax regime: Key differences that you must know before ITR filing for tax year 2026-27The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both reg...
- Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...
- Haj pilgrims to pay Rs 10K more due to high ATF prices; govt says protected them from larger burdenHaj airfare sees a Rs 10,000 increase per pilgrim for Haj 2026. This rise stems from a sharp global surge in Aviation Turbine Fuel prices. ...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- Government uses special provision to reduce airport landing and parking charges by 25%To support the beleaguered airline industry, airports are rolling out a temporary 25% discount on landing and parking fees for domestic fli...
- Airfares have moderated in 2024 relative to 2023, says govtIndian government reports moderation in airfares in 2024 compared to 2023, particularly during festival seasons. While airlines independent...
- Airlines advised to self-regulate on airfares, keep passengers interest in mind: Scindia"The fares are fixed by airlines keeping in mind the market, demand, seasonality and other market forces. The airfare increases with increa...
- Airfare bands protecting interests of airlines, passengers, says Aviation Minister Scindia"The fare bands serve the dual purpose of protecting the interests of the travellers as well as of the airlines, and have been revised from...
- Parliamentary panel pitches for capping airfaresAccording to the panel, some airlines are charging more than ten times of the advance booking fare around festivals and for bookings made c...
- Consider capping air ticket prices: Parliament panel to govtAgainst this backdrop, the panel said the Civil Aviation Ministry should consider fixing an upper limit for every sector, especially in the...
- Government to soon announce measures to curb high airfares: MinisterAviation regulator DGCA had last week said that discussions need to be held with airlines before any decision on fixing upper cap on ticket...
- Need to discuss with airlines on capping airfares: DGCADGCA is expected to release the air traffic data for the month of April along with the highest ticket bucket fare details, to look into the...
- Parliament panel recommends fixing upper limit for economy class airfaresThe Committee received numerous complaints about high air fares and high charges levied by airlines and airports operators making it very e...
- PM Modi voices concern over high airfares during festive seasonsThere have been instances of airlines hiking price of air tickets during festival seasons when more people travel.
- DGCA to keep eye on air faresAviation regulator DGCA has decided to keep an eye on air fares to check any "exorbitant" and "predatory" pricing by the domestic carriers.
- CCI has no reason now to look into pricing of air ticketsThe fair trade regulator's comments comes against the backdrop of many airlines recently slashing airfares to attract more passengers.
- MRP on air fares would be anti-competition: CCI'Whenever supply is more and demand is less, air fares fall and in lean season the airlines do decrease air fares,' CCI said in an order re...
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