Aviation Fuel

There is a gap of around $350 million in terms of funding between traditional aviation fuel and 10% blended fuel, he said

Indian Oil Corp will sign a memorandum of understanding with sustainable fuel tech provider LanzaJet to produce sustainable aviation fuel at its Panipat refinery, its chairman told Reuters

Jet fuel (ATF) price on Wednesday was hiked by 4 per cent in line with firming international oil prices but petrol and diesel rates remained on freeze for a record 10th month in running. Aviation turbine fuel (ATF) price was increased by Rs 4,218 per kilolitre, or 3.9 per cent, to Rs 1,12,356.77 per kl in the national capital, according to a price notification of state-owned fuel retailers. The increase follows three rounds of reduction since November. The price on January 1 was reduced to Rs 1,08,138.77 per kl from Rs 1,17,587.64. Prior to that, the price was slashed by 2.3 per cent on December 1 and 4.19 per cent on November 1. The rate hike will increase the burden on airlines for whom fuel makes for almost 40 per cent of the operating cost. ATF price is revised on the 1st of every month based on the average rate of international benchmark and foreign exchange rates. Petrol and diesel prices, however, continued to remain on freeze for a record tenth month in a row. Petrol costs

The domestic air traffic capacity reached close to full capacity in Q3, while a pick up in international commercial flights provided the much needed relief to the aviation industry

It cut its windfall tax on crude to Rs1,900 ($23.28) per tonne from Rs 2,100 per tonne, effective Tuesday

It raised windfall tax on crude oil to Rs 2,100 ($25.38) per tonne from Rs 1,700 ($20.55), effective Tuesday, the order said

The financial performance of BIAL is registering strong growth as passenger volumes in recent months have gone back to pre-Covid levels

People who for security or privacy reasons don't want their location known can opt for FAA to screen their aircraft's identity

Cooling fuel prices and rupee depreciation and rising demand could help the country's largest airline by market share to reverse successive quarters of losses

in Dehradun, scientists are working with partners including Boeing Co. to get global approvals for their biofuel, which is made from waste cooking oil and the seeds of plants

India is among the countries that has the largest potential to produce Sustainable Aviation Fuel (SAF), which will be a key enabler for the global airlines industry in reducing emissions, according to an IATA executive. The International Air Transport Association (IATA) is a grouping of international airlines. Sebastian Mikosz, Senior Vice President for Environment & Sustainability at IATA, on Tuesday also suggested extending incentives for entities to enter the market for production of SAF. At a media roundtable here, Mikosz said that India is one of the countries which has the largest potential in producing SAF. Airlines will buy SAF, which is expected to account for around 65 per cent of decarbonisation and will be a key enabler in reducing emissions, he added. For production of SAF, there should be access to feedstock like biomass, he said and added that environmental problem has to be tackled at the global level. Earlier in the day, Civil Aviation Secretary Rajiv Bansal said

The government is working on mandating blending of jet fuel with sustainable aviation fuel as the country works on ways to reduce emissions, Civil Aviation Secretary Rajiv Bansal said on Tuesday. "We are committed to reducing emissions by fossil fuels... the (civil aviation) ministry is working closely with the ministry of petroleum and natural gas on the issues related to Sustainable Aviation Fuel (SAF)," he said. He was speaking at the IATA Aviation Energy Forum here. The International Air Transport Association (IATA) is an international grouping of airlines. Bansal said both ministries are working to mandate a certain percentage of blending. "... that is still work in progress. We do realise that unless we mandate over a period of time, demand will not be created," he added. Elaborating on SAF, he said there are two important things -- the feed stock and production. "Do we have as a country adequate feedstock for producing SAF? Are there technologies in place, proven, time-test

The airline has raised Rs 210 crore from the government's Emergency Credit Line Guarantee Scheme (ECLGS) this year

The airline expects the issue to be resolved in 6-9 months

At its seventh fortnightly review, the government hiked the tax on the export of ATF to Rs 5 per litre from Rs 3.50

A wide body plane like B777 has a bigger fuel tank than narrow body aircraft like A320, which allows the former to traverse longer distances

Union Civil Aviation Minister Jyotiraditya Scindia on Tuesday said there is a huge demand for air travel after the pandemic and urged eight states and Union Territories to reduce the tax on jet fuel. Air traffic growth will be driven by smaller cities, he said while speaking at the Civil Aviation Ministers' conference in the national capital. Domestic air traffic is inching closer to pre-Covid level and in recent times, the daily passenger numbers crossed the four lakh mark twice. Scindia said that Value Added Tax (VAT) on jet fuel is still high in eight states and Union Territories in the range of 20-30 per cent and urged them to reduce the rate. Jet fuel cost accounts for a significant part of an airline's operational costs. The minister requested Goa, Assam, Delhi, Maharashtra, West Bengal, Rajashthan, Bihar and Tamil Nadu to reduce the VAT on Aviation Turbine Fuel (ATF). "New growth to come from Tier 2 and 3 cities," he said and emphasised the need to bring down entry barrie

Puri said that the launch is important to serve the needs of a thriving aviation industry with increase in footfall at airports, rise in number of aircraft and for pilot training in future

Carrier operating with three planes, will source spare parts to repair the engine fuel pump

Air India has 113 planes in its fleet currently. Its narrow-body fleet comprises 70 aircraft, of which 54 are in service