ATF

  • Non-subsidised LPG price hiked by Rs 16.50 per cylinder; ATF by 0.6 pc July 1, 2014

    New Delhi: Price of non-subsidised cooking gas (LPG) was on Tuesday hiked by Rs 16.50 per cylinder and that of jet fuel by over half-a-per cent after international oil prices surged due to the ongoing Iraq crisis. The increase in rates of non-subsidised LPG and ATF accompanies the Rs 1.69...
  • Nawaz Sharif calls for an early formation of anti-terror force September 14, 2013

    Islamabad: Pakistan Prime Minister Nawaz Sharif on Saturday called for the early formation of anti-terrorism force (ATF) while describing it as the need of the hour. Speaking during a briefing about the (ATF) in Islamabad, Nawaz also directed the authorities to keep him informed on a daily basis about the progress in...
  • Goa slashes VAT on fuel to fight rising airfares September 5, 2013

    Panaji: In a bid to arrest slump in arrivals and insulate itself from rising airfares during the upcoming tourist season, the Goa government has decided to offer incentives to all airlines refuelling themselves in the beach destination. Chief Minister Manohar Parrikar Wednesday said the state has already slashed Value Added Tax...
  • Rupee impact: Jet Airways increases fares by steep 25 per cent September 4, 2013

    Jet Airways on Wednesday followed its smaller rival SpiceJet and hiked fares by a steep 25 per cent to mitigate the impact of the sharp fall in the rupee value and a near 15 per cent spike in oil prices of late. "The airline has hiked its fares by 25 per...
  • Pak ready to import diesel, ATF from India at 'right' price October 16, 2012

    New Delhi: Pakistan on Tuesday said it is willing to import diesel and jet fuel from India if the fuel is offered a "right price", but did not say if it will lift ban on movement of fuel from across the border. "We need to know the price if good...
  • Jet fuel price hiked by 2 per cent September 15, 2012

    New Delhi: Days after diesel rates were hiked by a steep Rs 5.63 per litre, Jet Fuel price was on Saturday raised by about 2 per cent to Rs 73,711 per kilolitre. Saturday's increase in aviation turbine fuel (ATF), or jet fuel, price comes on the back of the biggest...
  • ATF price hike effect; airfares may increase soon September 2, 2012

    New Delhi: Airfares are likely to rise soon with Indian carriers mulling hiking fuel surcharge on tickets following a steep increase in jet fuel prices. "We are studying the impact of a steep hike of aviation turbine fuel prices on our operational costs which are high in any case. We...
  • Jet fuel prices raised by steep 7.6 per cent August 31, 2012

    New Delhi: Jet fuel price was on Friday hiked by a steep 7.6 per cent, the biggest ever increase that took ATF price to all-time high of Rs 72,282 per kilolitre. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 5,146.16 per kilolitre (kl),...
  • AI yet to decide on direct ATF import: Ajit Singh August 29, 2012

    New Delhi: Air India has not yet decided about importing Air Turbine Fuel (ATF) directly, Civil Aviation Minister Ajit Singh said on Tuesday. The minister said this in a written reply in the Rajya Sabha on being asked whether Air India is going to save Rs 300 crore by direct import...
  • ATF rates cut by 5 pc, biggest reduction since 2010 June 16, 2012

    New Delhi: In a major relief to cash-strapped airlines, jet fuel (ATF) prices were on Friday reduced by a massive 5 per cent, the steepest reduction in rates since February 2010. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was reduced by...
  • High service tax hurting aviation sector: Ajit Singh June 10, 2012

    New Delhi: With the aviation sector facing acute crisis, Civil Aviation Minister Ajit Singh is unhappy over the recent increase in service tax on air tickets and high jet fuel price and would take up the issue with Prime Minister Manmohan Singh for a re-look into the matter. Ajit Singh, who...
  • Revert to old service tax rates: Ajit to Pranab June 6, 2012

    New Delhi: Concerned over high service tax substantially raising air ticket prices, Civil Aviation Minister Ajit Singh has urged Finance Minister Pranab Mukherjee to revert to the earlier rates which were capped at Rs 100 and Rs 500 per domestic and international ticket. Noting that jet fuel prices in India...
  • Aviation Ministry proposes slashing jet fuel taxes June 4, 2012

    New Delhi: The civil aviation ministry has proposed slashing state taxes on jet fuel, which may significantly bring down costs for ailing local airlines that are reeling under a debt load of $20 billion and annual losses of $2 billion. The ministry has sought opinion from stakeholders on reducing state taxes...
  • Oil firms cut jet fuel price by Rs 170 per litre April 15, 2012

    New Delhi: After three rounds of price hike, state-owned oil companies today announced a reduction in jet fuel prices by a marginal Rs 170 per kilolitre (kl). The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was reduced by Rs 169.3 per kl, or 0.25 per cent,...
  • State taxes on ATF should come down: Ajit Singh April 15, 2012

    Indore: Civil Aviation Minister Ajit Singh on Saturday said state taxes on aviation turbine fuel (ATF) should come down as high jet fuel prices are impacting fares of the airlines struggling with high costs and fierce competition. "ATF costs have risen 8 to 9 per cent...
  • State taxes on ATF should come down: Ajit Singh April 14, 2012

    Indore: Civil Aviation Minister Ajit Singh on Saturday said state taxes on aviation turbine fuel (ATF) should come down as high jet fuel prices are impacting fares of the airlines struggling with high costs and fierce competition. "ATF costs have risen 8 to 9 per cent in March, and it...
  • Fuel may have been adulterated: ex-DGCA chief April 4, 2012

    New Delhi: Reacting to the revelations about adulterated airline fuel, former DGCA chief Kanu Gohain has admitted that there could be some adulteration in airline fuel given the history of such cases. Speaking to CNN-IBN, Gohain said, "There could be such cases, there have been very famous cases in the...
  • Oil companies flout aviation fuel testing norms April 3, 2012

    New Delhi: After fake pilots, another serious air safety issue stands exposed. CNN-IBN has accessed a report by the Director General of Civil Aviation (DGCA) that shows how oil companies have been flouting its regulations on Aviation Turbine Fuel (ATF) testing for close to a decade. The DGCA report said that...
  • Oil cos hike jet fuel prices by 3 pc from tonight March 31, 2012

    New Delhi: State-owned oil companies on Saturday hiked jet fuel price by about 3 per cent, the third time they have increased rates this month. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was hiked by Rs 1,850.96 per kilolitre (kl), or 2.8 per cent, to Rs...
  • Air India to import fuel, to take Rs 1000 cr loan March 27, 2012

    Mumbai: Ailing national carrier Air India on Tuesday decided to import aviation fuel directly to save cost, apart from taking a bridge loan facility worth $ 195 million (about Rs 1,000 cr) from Standard Chartered Bank India for two of its 27 Dreamliners to be delivered to it shortly. "The Air...
  • Jet Airways to pay service tax dues by Monday March 10, 2012

    New Delhi: After Kingfisher it's financial trouble for Jet Airways on the ground. Jet Airways has failed to deposit service tax dues worth Rs 35 crore for February. The airline was supposed to have filed the dues latest by March 6. Jet Airways has acknolwedged the delay and has promised...
  • Government notifies direct import of jet fuel February 22, 2012

    New Delhi: Meeting a key demand of the cash-strapped airline industry, the government on Wednesday issued the notification allowing private airlines to import jet fuel or ATF directly. Air carriers interested in importing the aviation turbine fuel (ATF), instead of buying from local refiners, would have to apply to the Directorate...
  • US team says Honduras prison fire was an accident February 22, 2012

    Honduras: US investigators concluded on Tuesday that the deadliest prison fire in a century was accidental, and may have been caused by a lit match, cigarette or some other open flame. The US Embassy in Honduras said in a statement that a team of investigators from the US Bureau of Alcohol,...
  • Airline companies to import jet fuel directly February 7, 2012

    New Delhi: In what comes as good news for the aviation sector, the airline companies will soon be allowed to import jet fuel directly. The announcement was made on Tuesday by Union Civil Aviation Minister Ajit Singh following a meeting of the Group of Ministers. The Cabinet is likely to take a...
  • Oil companies reduce jet fuel price by 1.3 pc December 15, 2011

    New Delhi: After three consecutive price hikes, state-owned oil companies on Thursday cut jet fuel rates by 1.3 per cent in step with softening in commodity's international rates. The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was cut by Rs 833 per kilolitre (kl), or 1.3 per...
  • Oil companies hike jet fuel prices by 2 pc November 15, 2011

    New Delhi: State-owned oil companies on Tuesday hiked jet fuel prices for the second time this month, raising rates by a steep 2 per cent with effect from midnight. "The price of aviation turbine fuel (ATF), or jet fuel, at Delhi's T3 airport was raised by...
  • HPCL fuel cut hits Kingfisher flights from IGI October 13, 2011

    New Delhi: The state-owned Hindustan Petroleum Corporation Ltd (HPCL) on Thursday cut off Aviation Turbine Fuel (ATF) supply to Kinfisher Airlines leading to cancellation of Kinfisher flights flying out of Delhi. Kingisher has stopped check-ins at the T-3 of Indira Gandhi International (IGI) Airport after six flights were delayed due to...
  • Jet Airways raises fuel surcharge on tickets September 16, 2011

    New Delhi: With jet fuel prices hiked by 2.5 per cent, Jet Airways on Friday increased fuel surcharge on its tickets by Rs 200 with effect from Saturday, raising airfares. Other airlines like Kingfisher and Air India are yet to take a decision in the matter, their officials said. ...
  • Oil cos hike ATF price by 2.5 pc September 15, 2011

    New Delhi: After two consecutive price cuts, state-owned oil companies on Thursday hiked jet fuel, or ATF, price by 2.5 per cent in line with firming of international oil rates. Aviation Turbine Fuel (ATF) price at Delhi's T3 airport was hiked by Rs 1,429 per kilolitre (kl), or 2.5 per cent,...
  • Oil firms hike jet fuel prices by 2.7 pc July 31, 2011

    New Delhi: After a brief lull, state-owned oil firms on Sunday hiked jet fuel, or ATF, prices by a steep 2.7 per cent, in line with firming rates in international markets. The Aviation Turbine Fuel (ATF) price in Delhi has been hiked by Rs 1,520 per...