GREEN DEAL: Air India, AirAsia India, Vistara ink MoU with CSIR-IIP for sustainable aviation fuel
SpiceJet incurred net losses of Rs 316 crore, Rs 934 crore, and Rs 998 crore in FY19, FY20, and FY21, respectively
Indian Oil had begun levying 11% duty following a govt notification; ATF accounts for 40% of an airline's operating expenses
Hike in excise duty on fuel was imposed after private refiners made a killing exporting the dirt cheap Russian fuel available to them at elevated prices
The planemaker and airline plan to invest as much as $200 million to accelerate the adoption of SAF in the country, they said Sunday
The price of aviation turbine fuel (ATF) was hiked by Rs 6,188.25 per kilolitre, or 5.29 per cent, to Rs 1,23,039.71 per kl (Rs 123 per litre) in the national capital
After modifying two of its A320 aircraft, AirAsia India had on November 23 last year started using taxibot to tow them at the Delhi international airport
Jet fuel prices on Sunday were hiked by 3.22 per cent -- the ninth straight increase this year -- to an all-time high, reflecting a surge in global energy prices.
Airport operators Groupe ADP and GMR Airports together with Airbus, Axens and Safran have signed a MoU to conduct a joint study on Sustainable Aviation Fuels (SAF)
Globally, International Air Transport Association has set a target for airlines to achieve net zero emissions by 2050
IndiGo's full-time Director and Chief Executive Officer Ronojoy Dutta urged the Central government to bring the Aviation Turbine Fuel (ATF) under goods and service tax (GST) ambit
Airlines unlikely to pass on Jet fuel price hike to customers
The government should bring aviation turbine fuel (ATF) under the Goods and Services Tax (GST) and make flying affordable for consumers and viable for airlines: IndiGo CEO Ronojoy Dutta
With fuel cost being higher, we have to review where we should be looking at for additional operations, said Vistara's chief Vinod Kannan
Consumption of aviation fuel would likely increase by nearly 50% to 7.6 million tonnes, compared with the revised estimate of 5.1 million tonnes for the year ending March 2022
Any fuel that has lower carbon emissions than conventional kerosene is known as Sustainable Aviation Fuel (SAF)
ATF price was hiked by Rs 4,481.63 per kilolitre or 5.2 per cent to Rs 90,519.79 per kl in the national capital, according to a price notification of state-owned fuel retailers
The decision will bring relief to airlines and help airlines reduce their fuel expenses
The carrier said it desired to be an anchor partner to such institutes and oil refining companies in the future to address the core issue of carbon emissions
Civil Aviation Minister calls for co-operation and support of states and UTs in strengthening the sector