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

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

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,

Aviation
ATF prices reach record high with latest hike of 16.3%

ATF prices reach record high with latest hike of 16.3%

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

Aviation
‘No decision yet to cut tax on ATF’

‘No decision yet to cut tax on ATF’

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

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