ATF - TravelBiz Monitor: India travel news, travel trends, tourism

‘ATF price fall to benefit aviation sector’

By TBM Staff - Mumbai Tuesday, 16 August 2022, 12:00 PM 598

The dip in the air turbine fuel (ATF) price and the continuation of this trend will benefit the aviation sector, Civil Aviation Minister Jyotiraditya Scindia has said. He said the fall in the ATF rates will have a good impact on airlines under pressure. “Prices of the ATF have come down. I feel this trend […]Continue Reading

Ministry Top Stories

Centre cuts tax on ATF

By TBM Staff - Mumbai Wednesday, 3 August 2022, 2:30 PM 655

The Centre on Tuesday raised the windfall tax on crude petroleum producers by 4.41%, scrapped the INR 4 per litre levy on Aviation Turbine Fuel (ATF) exports, and reduced the cess on the export of diesel from INR 11 to INR 5 a litre, reports The Hindu. The changes are effective from today. The government […]Continue Reading

Aviation Top Stories

ATF crisis in Sri Lanka turns opportunity for airports in South India

By TBM Staff - Mumbai Monday, 11 July 2022, 11:30 AM 702

The ongoing turmoil and fuel shortage in Sri Lanka have boosted aviation turbine fuel (ATF) sales in South Indian airports like Thiruvananthapuram, Cochin and Chennai, reports PTI. Several flights of Sri Lankan Airlines, Air Arabia, Jazeera Airways, Gulf Air, and Air AirAsia Malaysia are halting at Indian airports for ATF since May. This is giving […]Continue Reading

Aviation Top Stories

Minimum 10-15% increase in airfares must due to ATF price increase, rupee slide: SpiceJet CMD

By TBM Staff - Mumbai Friday, 17 June 2022, 3:30 PM 489

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, Chairman and Managing Director, SpiceJet. A minimum 10-15 per cent increase in air fares is required to ensure that cost of operations are better […]Continue Reading

Aviation Top Stories

ATF prices reach record high with latest hike of 16.3%

By TBM Staff - Mumbai Thursday, 16 June 2022, 11:00 AM 908

The price of aviation turbine fuel (ATF) was hiked by 16.3 per cent, to INR 1.41 per kl ( INR 123.03 per litre) in the national capital, according to a price notification of state-owned fuel retailers. Jet fuel, which makes up for almost 40% of the running cost of an airline, has this year surged […]Continue Reading

Aviation Top Stories

‘No decision yet to cut tax on ATF’

By TBM Staff - Mumbai Friday, 27 May 2022, 1:30 PM 476

The Finance Ministry has not yet taken a view on the Ministry of Civil Aviation’s (MoCA) plea for tax cuts on jet fuel (ATF) to bring down prices, a top source said. Civil Aviation Minister Jyotiraditya Scindia has been making a case for lowering the high taxes on ATF even as most states have already […]Continue Reading

‘ATF price fall to benefit aviation sector’

Centre cuts tax on ATF

ATF crisis in Sri Lanka turns opportunity for airports in South India

Minimum 10-15% increase in airfares must due to ATF price increase, rupee slide: SpiceJet CMD

ATF prices reach record high with latest hike of 16.3%

‘No decision yet to cut tax on ATF’

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