Home Posts tagged ATF
Aviation Top Stories
IndiGo has introduced a fuel charge of INR 1,000 on domestic and international routes, in order to check rising ATF (Aviation Turbine Fuel) prices. The decision follows the significant increase in ATF prices, which have surged in the last three months with consecutive price hikes every month, the carrier said in a statement. ATF accounts […]Continue Reading
Top Stories
Indian airlines are expected to see a sharp drop in net losses to INR 5,000-7,000 crore this fiscal as they continue to witness healthy passenger traffic growth and improvement in their revenue, rating agency ICRA said on Thursday. The net loss would be much lower compared to the INR 11,000-13,000 crore loss the industry is […]Continue Reading
Aviation Top Stories
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
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
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