“In India, ATF accounts for around 45% of the operational cost of an airline. Besides, as much as 35-50% of the airlines’ operating expenses are U. S. dollar driven,” as per ICRA.
“In…
ATF prices too have been coming down during the last few weeks after jumping to record levels
ATF prices too have been coming down during the last few weeks after jumping to record levels…
Shares of airline operators advanced up to 6 per cent in Monday's trade after the air turbine fuel (ATF) prices were reduced by 2.2 percentage points.
ATF prices are revised by oil marketing…
The government will only withdraw its windfall tax introduced on Friday for oil producers and refiners if global crude oil prices dropped as much as $40 a barrel from the current levels,…
A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1.
A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on…
Travelling is back and how! Countries across the globe are lifting travel restrictions and relaxing their borders. The United States recently announced that it is not required to have a…
The sharp increase in aviation turbine fuel (ATF) prices and the depreciation of the rupee have left the domestic airlines with no choice but to immediately raise airfares, said Ajay Singh,…
Jet fuel, which makes up for almost 40% of the running cost of an airline, has this year surged to new highs
Jet fuel, which makes up for almost 40% of the running cost of an airline, has…