December 11, 2023
Home Posts tagged ATF
Aviation Top Stories

IndiGo introduces fuel charge of INR 1,000 amid rising ATF prices

By 585
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

Airlines in India expected to report net loss of INR 5,000-7,000 cr in FY24: ICRA

By 524
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

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

By 1020
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 738
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

Post Gallery

Archives

Categories

NEWSLETTER

Travelbiz Monitor Subscribe
TravelBiz Monitor Online News Logo Footer

Saffron Synergies Pvt Ltd is an independent media company Headquartered in Mumbai and Branches across INDIA.

Email Us: contact@travelbizmonitor.com

Download Magazine
x Logo: Shield Security
This Site Is Protected By
Shield Security →