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Flight Tickets May Get Costlier As Oil Companies Raise Aviation Fuel Prices
Flight tickets are likely to get costlier with oil companies announcing a hike in aviation fuel prices. The cost of aviation turbine fuel (ATF) has been hiked by Rs 1,318 per kilolitre, a month after it was raised by Rs 2,941.5 or 3.3%.
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Jet Fuel Price Cut 4.6%, Commercial Cooking Gas Up By Rs 39 Per Cylinder
Jet fuel, or ATF, price was on Sunday reduced by 4.6 per cent while the rate of commercial LPG used in hotels and restaurants was hiked by Rs 39 per 19-kg cylinder in the monthly revision done in line with international oil price trends.
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Jet Fuel Price Cut 6.5%, Commercial Cooking Gas By Rs 69 Per Cylinder
Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices.
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Analysis: Jet Fuel Prices Hiked, Airfares To Go Up Again This Festive Season
The triple whammy of increasing jet fuel prices, GoFirst filing for insolvency, and the seat capacity of airlines remaining low is all set to hurt the wallets of flyers again this festival season.
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Rakesh Jhunjhunwala, Known As 'India's Warren Buffet', Set For Take-Off With New Airlines
The world is gripped by recession fears, jet fuel prices are sky-high, and aviation is a notoriously fickle industry. But the billionaire dubbed "India's Warren Buffett" is launching an airline on Sunday.
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Jet Fuel Prices At All-Time High In India After Steepest-Ever Hike Of 16%
Jet fuel prices were today hiked by the steepest ever 16 per cent to catapult rates to an all-time high in step with hardening international oil rates.
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Jet Fuel Price Hiked To All-Time High, Petrol, Diesel Prices Unchanged Today
Jet fuel prices were hiked today by 2 per cent - the seventh straight increase this year - to an all-time high, reflecting a surge in global energy prices.
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Talking To States To Reduce Value Added Tax On Jet Fuel: Union Minister VK Singh
The aviation ministry is talking to different states urging them to reduce the Value Added Tax (VAT) on aviation turbine fuel (ATF), Minister of State for Civil Aviation, Road Transport and Highways VK Singh said Thursday.
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No Proposal To Bring Petrol, Diesel, Jet Fuel, Gas Under GST: Nirmala Sitharaman
Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST).
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Oil Prices Tumble As Demand Collapse; Brent Sees The Worst Fall Since 1999
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak.
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Lockdown Cuts India's Fuel Demand 50% In First Half Of April
Indian state retailers sold 50% less refined fuel in the first two weeks of April than the same time a year ago as a nationwide lockdown to stem the spread of the new coronavirus hit transportation and industrial activity, industry sources said. State companies - Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum - own about 90% of Indi...
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Domestic Demand For Petrol, Diesel Dips 10% Due To Coronavirus Outbreak
The domestic demand for petrol and diesel reportedly dropped by 10 per cent in the first fortnight of March 2020, and the primary cause of this is the coronavirus outbreak. This dip in demand is not just limited to petrol and diesel, other fuels like jet fuel and shipping fuel too have seen a drop of 10 per cent. With sales dropping at petrol pumps...
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India's Airlines Seek Emergency Credit From Oil Firms, Airports: Report
Airlines in India are asking the government to help them obtain unsecured credit from oil companies and airports, as fuel-price increases push them deeper into losses and imperil their survival. Competition and aggressive pricing are stopping fares from rising to reflect higher input costs, the Federation of Indian Airlines said in a letter sent to...
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No Bail-Out For Jet Airways; Learn To Run Airline Smoothly, Says Minister
The Central government today ruled out the possibility of providing any financial bail-out or leeway to cash-strapped Jet Airways, stating that it's the prerogative of the company's management to implement policies to ensure smooth functioning of the airline.
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Digvijaya Singh Hits Out At Centre Over Rafale Deal, Rising Fuel Prices
Senior Congress leader Digvijaya Singh alleged on Wednesday that proper procedures were not followed in the Rafale fighter jet deal.
-
Flight Tickets May Get Costlier As Oil Companies Raise Aviation Fuel Prices
Flight tickets are likely to get costlier with oil companies announcing a hike in aviation fuel prices. The cost of aviation turbine fuel (ATF) has been hiked by Rs 1,318 per kilolitre, a month after it was raised by Rs 2,941.5 or 3.3%.
-
Jet Fuel Price Cut 4.6%, Commercial Cooking Gas Up By Rs 39 Per Cylinder
Jet fuel, or ATF, price was on Sunday reduced by 4.6 per cent while the rate of commercial LPG used in hotels and restaurants was hiked by Rs 39 per 19-kg cylinder in the monthly revision done in line with international oil price trends.
-
Jet Fuel Price Cut 6.5%, Commercial Cooking Gas By Rs 69 Per Cylinder
Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices.
-
Analysis: Jet Fuel Prices Hiked, Airfares To Go Up Again This Festive Season
The triple whammy of increasing jet fuel prices, GoFirst filing for insolvency, and the seat capacity of airlines remaining low is all set to hurt the wallets of flyers again this festival season.
-
Rakesh Jhunjhunwala, Known As 'India's Warren Buffet', Set For Take-Off With New Airlines
The world is gripped by recession fears, jet fuel prices are sky-high, and aviation is a notoriously fickle industry. But the billionaire dubbed "India's Warren Buffett" is launching an airline on Sunday.
-
Jet Fuel Prices At All-Time High In India After Steepest-Ever Hike Of 16%
Jet fuel prices were today hiked by the steepest ever 16 per cent to catapult rates to an all-time high in step with hardening international oil rates.
-
Jet Fuel Price Hiked To All-Time High, Petrol, Diesel Prices Unchanged Today
Jet fuel prices were hiked today by 2 per cent - the seventh straight increase this year - to an all-time high, reflecting a surge in global energy prices.
-
Talking To States To Reduce Value Added Tax On Jet Fuel: Union Minister VK Singh
The aviation ministry is talking to different states urging them to reduce the Value Added Tax (VAT) on aviation turbine fuel (ATF), Minister of State for Civil Aviation, Road Transport and Highways VK Singh said Thursday.
-
No Proposal To Bring Petrol, Diesel, Jet Fuel, Gas Under GST: Nirmala Sitharaman
Amid record-high fuel prices, Finance Minister Nirmala Sitharaman on Monday said there is no proposal as of now to bring crude oil, petrol, diesel, jet fuel (ATF) and natural gas under the Goods and Services Tax (GST).
-
Oil Prices Tumble As Demand Collapse; Brent Sees The Worst Fall Since 1999
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak.
-
Lockdown Cuts India's Fuel Demand 50% In First Half Of April
Indian state retailers sold 50% less refined fuel in the first two weeks of April than the same time a year ago as a nationwide lockdown to stem the spread of the new coronavirus hit transportation and industrial activity, industry sources said. State companies - Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum - own about 90% of Indi...
-
Domestic Demand For Petrol, Diesel Dips 10% Due To Coronavirus Outbreak
The domestic demand for petrol and diesel reportedly dropped by 10 per cent in the first fortnight of March 2020, and the primary cause of this is the coronavirus outbreak. This dip in demand is not just limited to petrol and diesel, other fuels like jet fuel and shipping fuel too have seen a drop of 10 per cent. With sales dropping at petrol pumps...
-
India's Airlines Seek Emergency Credit From Oil Firms, Airports: Report
Airlines in India are asking the government to help them obtain unsecured credit from oil companies and airports, as fuel-price increases push them deeper into losses and imperil their survival. Competition and aggressive pricing are stopping fares from rising to reflect higher input costs, the Federation of Indian Airlines said in a letter sent to...
-
No Bail-Out For Jet Airways; Learn To Run Airline Smoothly, Says Minister
The Central government today ruled out the possibility of providing any financial bail-out or leeway to cash-strapped Jet Airways, stating that it's the prerogative of the company's management to implement policies to ensure smooth functioning of the airline.
-
Digvijaya Singh Hits Out At Centre Over Rafale Deal, Rising Fuel Prices
Senior Congress leader Digvijaya Singh alleged on Wednesday that proper procedures were not followed in the Rafale fighter jet deal.
