Page 2 - Atf Price

ATF rates slashed by 2.2% on account of fall in international oil prices

Jet fuel (ATF) prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices

Focus on windfall tax review leads to oil stocks ending in the green

Export taxes on petrol are likely to see the steepest reduction, while levies on diesel and jet fuel could also be lowered to adjust the impact of price declines

Govt issues corrigendum to withdraw excise on ATF for international flights

Indian Oil had begun levying 11% duty following a govt notification; ATF accounts for 40% of an airline's operating expenses

Scindia holds meeting with airlines on aviation turbine fuel pricing

Jyotiraditya Scindia held a detailed discussion with the advisory group of airlines on fuel pricing (ATF) in India and abroad

Top headlines: EVs brace for trial by fire, ATF duty hits airlines and more

The Indian economy was slightly smaller than the United Kingdom's (UK's), which deprived the former the rank of the fifth-largest economy in the world in 2021. Read more on this in our top headlines

Our expansion plans will take a hit due to ATF duty, say airlines

ATF accounts for around 40 per cent of an airline's operating expenses

Govt slaps export tax on petrol, diesel; windfall tax on domestic crude oil

The government on Friday slapped a Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel

Cost turbulence, rising competition may put pressure on airline stocks

Price hikes may plague demand, robust passenger traffic notwithstanding

Sensex ends volatile day 135 pts lower, Nifty below 15,300; Titan drops 6%

CLOSING BELL: Bajaj twins, Coal India, JSW Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank were the top Nifty gainers, rising between 0.8 per cent and 3 per cent

ATF prices hiked by 16%, touch new record, as global crude prices soar

The price of aviation turbine fuel (ATF) -- the fuel that helps aeroplanes fly -- has been increased by Rs 19,757.13 per kilolitre, or 16.26%, to Rs 1,41,232.87 per kl (Rs 141.2 per litre) in Delhi

Jet fuel price cut by 1.3%, commercial LPG rate reduced by Rs 135

Jet fuel prices on Wednesday were cut by 1.3 per cent -- the first reduction after 10 rounds of price hikes -- on softening international crude oil rates.

India's fuel sales fall in April first half after record rise in prices

Petrol sales fell almost 10 per cent in the first half of April when compared with the same period in the preceding month, while diesel demand slid 15.6 per cent

Domestic air traffic up 59% in FY22, 40% lower than pre-Covid level: Icra

It also expects elevated Aviation Turbine Fuel prices, aggravated by geo-political issues, to remain a near-term challenge for industry and will be a key determinant of profitability for the sector

Airline CEOs bat for lower taxes, better infra to tide over ATF price hike

They say 21% of an airline's revenue goes straight to govt by way of taxes; want improved processes in order to become hubs for global travel

Top Headlines: Fed signals more hikes; India may import cheap Russian oil

The Federal Reserve on Wednesday raised interest rates for the first time since 2018 and laid out an aggressive plan to push borrowing costs to restrictive levels next year

ATF price hike may delay the recovery seen by airlines recently

Raising the airfares further could hurt traffic volumes

Domestic airline industry calls for rationalisation of ATF taxes

India's domestic airlines have called for rationalisation of taxes on jet fuel to counter the massive rise in fuel prices.

Airlines may go for another round of fare hikes as crude prices bite

The govt has set minimum and maximum fares for domestic flights and these are applicable upto a fortnight. For booking beyond 15 days airlines are free to set their own fares.

ATF price hiked by steepest ever 18% to all-time high as crude oil surges

Jet fuel prices on Wednesday were hiked by over 18 per cent - the steepest ever increase - to all-time high levels after international oil price surged to a multi-year high

ATF price hiked by 3.3% to all-time high levels; fifth increase this year

Jet fuel prices on Tuesday were increased by 3.3 per cent to all-time high levels across the country, in step with international oil prices surging to over seven-year-high. This is the fifth hike in jet fuel or Aviation Turbine Fuel (ATF) prices this year following an unrelenting rise in global oil prices, but petrol and diesel prices remained unchanged for a record 116th day in a row, coinciding with electioneering to elect new governments in states like Uttar Pradesh and Punjab. ATF price was hiked by Rs 3,010.87 per kilolitre or 3.22 per cent to Rs 93,530.66 per kl in the national capital, according to a price notification of state-owned fuel retailers. Jet fuel, which makes up for almost 40 per cent of the running cost of an airline, has this year surged to new highs. The previous peak of Rs 71,028.26 per kl was recorded in August 2008 when international crude oil prices touched USD 147 per barrel. Brent crude oil on Tuesday was trading above USD 100 per barrel. ATF prices hav