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Centre cuts tax on ATF

By TBM Staff - Mumbai Wednesday, 3 August 2022, 2:30 PM 735

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 828

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

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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 1035

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

Centre cuts tax on ATF

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

ATF prices reach record high with latest hike of 16.3%

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