Air travel to become dearer as ATF price hits all-time high after 16% hike
2 years, 6 months ago

Air travel to become dearer as ATF price hits all-time high after 16% hike

India TV News  

Highlights This is the 11th increase in jet fuel price this year The increase in jet fuel price will raise the operating cost for airlines ATF makes up to 40 per cent of an airline's operating cost Air travel is likely to become costlier after the price of aviation turbine fuel, the fuel that helps aeroplanes fly, was on Thursday hiked by 16 per cent to an all-time high. This is the steepest ever hike in the price of jet fuel and comes at a time when international oil rates are hardening due to supply constraints. The price of ATF has been increased by Rs 19,757.13 per kilolitre, or 16.26 per cent, to Rs 1,41,232.87 per kl in the national capital, according to a price notification of state-owned fuel retailers. ATF makes up to 40 per cent of an airline's operating cost.

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History of this topic

Air travel likely to become costly as jet fuel prices surge by 1.45 per cent
3 weeks, 2 days ago

Air travel likely to become costly as jet fuel prices surge by 1.45 per cent

India TV News  

The air travel is likely to become costly as the price of aviation turbine fuel or jet fuel was hiked on Sunday by 1.45 per cent in the monthly revision done in line with international oil price trends. The ATF price was increased by Rs 1,318.12 per kilolitre, or 1.45 per cent, to Rs 91,856.84 per litre in Delhi- home …

ATF price cut 6.5%, commercial LPG by ₹69
6 months, 3 weeks ago

ATF price cut 6.5%, commercial LPG by ₹69

The Hindu  

Jet fuel or ATF price on Saturday was reduced by a steep 6.5% and that of commercial LPG used by hotels and restaurants by ₹69 per 19-kg cylinder on declining international oil prices. Aviation turbine fuel price was cut by ₹6,673.87 per kilolitre, or 6.5%, to ₹94,969.01 per kl in the national capital, according to a price notification of state-owned …

Centre slashes ATF prices by ₹1,221 per kl in Delhi ahead of Budget 2024
10 months, 3 weeks ago

Centre slashes ATF prices by ₹1,221 per kl in Delhi ahead of Budget 2024

Live Mint  

The central government took a significant step on February 1 by reducing jet fuel or aviation turbine fuel prices by ₹1,221 per kilolitre in the national capital, just ahead of the eagerly awaited Interim Budget. Following the latest adjustment, ATF prices for domestic airlines are now at ₹1,00,772.17 per kilolitre in Delhi, ₹1,09,797.33 per kilolitre in Kolkata, ₹94,246.00 per kilolitre …

ATF price up 1.6% on global cues
1 year, 5 months ago

ATF price up 1.6% on global cues

The Hindu  

Jet fuel or Aviation Turbine Fuel price on July 1 was hiked by 1.65% - the first increase in rate after fourth months of reduction warranted by softening oil prices. ATF price was increased by ₹1,476.79 per kilolitre, or 1.65%, in the National Capital to ₹90,779.88 per kl, according to a price notification of State-owned fuel retailers. While the price …

Centre hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil
2 years, 2 months ago

Centre hikes windfall profit tax on export of diesel, ATF; raises tax on domestic crude oil

The Hindu  

The government on Saturday hiked the windfall profit tax on the export of diesel to ₹12 per litre and that on jet fuel exports to ₹3.50 a litre with effect from October 16. After lowering the tax rates for two consecutive fortnights mirroring fall in global crude prices, the Finance Ministry has brought about a hike in export taxes on …

Airfares hit highest level in years despite falling fuel prices
2 years, 3 months ago

Airfares hit highest level in years despite falling fuel prices

LA Times  

A wave of “revenge travel” — people making up for trips canceled during the pandemic — is among the factors keeping airfares high. “This year, CheapAir.com is anticipating a busy holiday season with high prices, and recommends that travelers shop earlier than they might have pre-pandemic,” said Jeff Klee, the company’s chief executive. “With two years of pent-up travel demand …

Export tax on diesel, ATF raised; windfall levy on domestic oil production up
2 years, 3 months ago

Export tax on diesel, ATF raised; windfall levy on domestic oil production up

The Hindu  

The government on Thursday raised the tax on the export of diesel and jet fuel and hiked the windfall profit levy on domestically-produced crude oil in line with rising product margins and oil prices. At the fourth fortnightly review, the government raised the windfall profit tax on the export of diesel to ₹13.5 per litre from ₹7 per litre. The …

Jet fuel price cut by 2.2%
2 years, 5 months ago

Jet fuel price cut by 2.2%

The Hindu  

Jet fuel prices on Saturday, July 16, 2022, were reduced by 2.2%, reflecting a fall in international oil prices. Aviation turbine fuel prices were cut by ₹3,084.94 per kilolitre, or 2.2%, to ₹138,147.93 per kl, a price notification of state-run fuel retailers showed. ATF prices are revised on the 1st and 16th of every month based on rates of benchmark …

Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel
2 years, 5 months ago

Government imposes Rs 6 per litre export tax on petrol, ATF; Rs 13 a litre on diesel

Firstpost  

New Delhi: The government on Friday slapped an export tax on petrol, diesel and jet fuel shipped overseas by firms like Reliance Industries Ltd, and imposed a windfall tax on crude oil produced locally by companies such as ONGC and Vedanta Ltd. The government imposed a Rs 6 per litre tax on export of petrol and ATF and Rs 13 …

Vistara chief says air fare hike inevitable
2 years, 6 months ago

Vistara chief says air fare hike inevitable

The Hindu  

An increase in airfares is "inevitable" and Vistara will also raise them if other airlines do so, its CEO Vinod Kannan said on Sunday. Recently, SpiceJet's Chairman and Managing Director Ajay Singh said that a minimum increase of 10-15% in airfares was "required" as ATF prices have increased by 120% since June last year. While the airfares till June were …

‘No choice’ but to raise airfares, says SpiceJet CMD
2 years, 6 months ago

‘No choice’ but to raise airfares, says SpiceJet CMD

The Hindu  

Airlines had “no choice” but to raise airfares because of the increasing prices of aviation turbine fuel, SpiceJet CMD Ajay Singh said. “The sharp increase in jet fuel prices and the depreciation of the rupee have left domestic airlines with little choice but to immediately raise fares, and we believe that a minimum 10-15% increase in fares is required,” Mr. …

Jet fuel prices in India touch new record after 16% hike
2 years, 6 months ago

Jet fuel prices in India touch new record after 16% hike

The Hindu  

Jet fuel prices on Thursday were hiked by the steepest ever 16% to catapult rates to an all-time high in step with hardening international oil rates. The hike, which comes on the back of a marginal 1.3% cut in rate earlier this month, takes jet fuel prices to record high across the country. Petrol, diesel price unchanged Meanwhile, petrol and …

Minimum 10-15% increase in airfares must: SpiceJet CMD
2 years, 6 months ago

Minimum 10-15% increase in airfares must: SpiceJet CMD

Deccan Chronicle  

New Delhi: The sharp increase in aviation turbine fuel prices and the depreciation of the rupee have left the domestic airlines with no choice but to immediately raise airfares, said Ajay Singh, Chairman and Managing Director, SpiceJet, on Thursday. A minimum 10-15 per cent increase in air fares is required to ensure that cost of operations are better sustained, Singh …

Jet Fuel Prices Today Cut by 1.3% in Big Relief; Air Travel to Get Cheaper Soon?
2 years, 6 months ago

Jet Fuel Prices Today Cut by 1.3% in Big Relief; Air Travel to Get Cheaper Soon?

News 18  

Jet Fuel Price Slashed: The prices of aviation turbine fuel or ATF, that is required to run an aeroplane, was decreased by 1.3 per cent, state owned Indian Oil Corporation announced on Wednesday, June 1. ATF Prices in Recent Times and Impact on Air Travel Earlier on May 16, Indian Oil Corporation had announced a hike in jet fuel prices …

ATF price hiked by 5.3%
2 years, 7 months ago

ATF price hiked by 5.3%

The Hindu  

Jet fuel prices on Monday were hiked by a steep 5.3% — the tenth straight increase this year — to an all-time high, in line with a surge in global energy prices. Meanwhile, petrol and diesel prices remained unchanged for the 41st straight day after rising by a record ₹10 per litre each. Jet fuel prices are revised on the …

Air Travel to Get Expensive as Jet Fuel Prices Hiked by 5 Percent in Delhi
2 years, 7 months ago

Air Travel to Get Expensive as Jet Fuel Prices Hiked by 5 Percent in Delhi

News 18  

The Indian Oil Corporation has announced a hike in jet fuel prices by 5 percent, taking it to Rs 1.23 lakh per kilolitre in Delhi, CNBC-TV18 reported today on May 16. The aviation turbine fuel prices have been hiked 61.7 per cent from Rs 72,062 per kl to Rs 1.23 lakh per kl since January. In Chennai, petrol retail price …

LPG, ATF Price Hike: Commercial LPG Cylinder Now Gets Costlier By Rs 102.5; Jet Fuel Up 3.22%
2 years, 7 months ago

LPG, ATF Price Hike: Commercial LPG Cylinder Now Gets Costlier By Rs 102.5; Jet Fuel Up 3.22%

News 18  

The price of a 19-kg commercial LPG cylinder has been hiked by Rs 102.5 to Rs 2,355.50, compared with Rs 2,253 earlier. Apart from this, jet fuel prices on Sunday were also hiked by 3.22 per cent — the ninth straight increase this year — to an all-time high of Rs 1,16,851.46 per kilolitre. ATF Prices Hiked Meanwhile, the price …

ATF price up marginally, rates at record high
2 years, 8 months ago

ATF price up marginally, rates at record high

The Hindu  

Jet fuel prices on Saturday were hiked by a marginal 0.2% — the eighth straight increase this year — to an all-time high, reflecting a surge in global energy prices. The price of aviation turbine fuel — the fuel that helps aeroplanes fly — was hiked by ₹277.5 per kilolitre, or 0.2%, to ₹1,13,202.33 per kl in the national capital, …

Aviation turbine fuel (ATF) price up marginally, rates at record high today
2 years, 8 months ago

Aviation turbine fuel (ATF) price up marginally, rates at record high today

Live Mint  

Jet fuel prices on Saturday were hiked by a marginal 0.2 per cent -- the eighth straight increase this year -- to an all-time high, reflecting a surge in global energy prices. The price of aviation turbine fuel -- the fuel that helps aeroplanes fly -- was hiked by ₹277.5 per kilolitre, or 0.2 per cent, to ₹1,13,202.33 per kl …

Jet Fuel Prices At All-time High: Will Airlines Raise Domestic Flight Ticket Prices Soon?
2 years, 8 months ago

Jet Fuel Prices At All-time High: Will Airlines Raise Domestic Flight Ticket Prices Soon?

News 18  

As the jet fuel prices have been rising for quite some time and currently hovering at an all-time high levels, the aviation industry is facing the heat on its finances. ICRA on Jet Fuel Hikes Rating agency ICRA expects the Indian aviation industry to report a net loss of Rs 25,000-26,000 crore in FY2022. “Elevated aviation turbine fuel prices, which …

Air Travel to Get More Expensive as ATF Prices Hiked to All-Time High in India
2 years, 8 months ago

Air Travel to Get More Expensive as ATF Prices Hiked to All-Time High in India

News 18  

Jet fuel prices were hiked today by 2 per cent – the seventh straight increase this year – to an all-time high, reflecting a surge in global energy prices. Aviation turbine fuel was hiked by ₹ 2,258.54 per kilolitre, or 2 per cent, to ₹ 1,12,924.83 per kl in the national capital, according to a price notification by state-owned fuel …

Ahead of holidays, airfares fly north
2 years, 9 months ago

Ahead of holidays, airfares fly north

The Hindu  

If you are planning your summer holidays, brace yourself for higher airfares, which have shot up at least by 20-25% due to rising crude oil prices. A one-way airfare between Delhi and Mumbai rose by 26%, climbing up to ₹5,119 in the first week of March as compared to the same time in February; Kolkata to New Delhi saw an …

ATF Price Sees an Increase of Over 18%, Registers Steepest Rise Ever
2 years, 9 months ago

ATF Price Sees an Increase of Over 18%, Registers Steepest Rise Ever

News 18  

High crude oil prices on Wednesday led OMCs to hike aviation turbine fuel prices by over 18 per cent to more than Rs 1 lakh per kilolitre, the steepest hike ever. Accordingly, in the national capital, the price of jet fuel was raised by 18.32 per cent to Rs 1,10,666.29 per kilolitre from Rs 93,530.66 per kl. “The current hike …

Indian Domestic Airline Industry Calls for Rationalisation of ATF Taxes
2 years, 9 months ago

Indian Domestic Airline Industry Calls for Rationalisation of ATF Taxes

News 18  

India’s domestic airlines have called for the rationalisation of taxes on jet fuel to counter the massive rise in fuel prices. On Wednesday, high crude oil prices led OMCs to hike ATF prices to more than Rs 1 lakh per kilolitre. “Over the past few weeks, crude oil prices have soared to a seven-year high nearing $140 per barrel, due …

Jet Fuel Under GST? IndiGo CEO Urges Govt to Consider it After Massive Hike in ATF Prices
2 years, 9 months ago

Jet Fuel Under GST? IndiGo CEO Urges Govt to Consider it After Massive Hike in ATF Prices

News 18  

Aviation Turbine Fuel or ATF prices have seen a steep rise over the past few months, and the hike seems to be in no mood to stop since crude oil prices too have been increasing due to restricted oil supply amid the situation arising Russia’s invasion on Ukraine. The price of aviation turbine fuel has increased by 50 per cent …

ATF price hiked by steepest ever 18% to all-time high
2 years, 9 months ago

ATF price hiked by steepest ever 18% to all-time high

The Hindu  

Jet fuel prices on Wednesday were hiked by over 18% – the steepest ever increase – to all-time high levels after international oil price surged to a multi-year high. International oil prices had climbed to a 14-year high of near USD 140 per barrel last week on fears of supply disruption following Russia's invasion of Ukraine. The previous peak of …

Russia Ukraine war fallout: Steepest hike ever of 18% in jet fuel price
2 years, 9 months ago

Russia Ukraine war fallout: Steepest hike ever of 18% in jet fuel price

India TV News  

Highlights Jet fuel prices were hiked by over 18% - steepest ever increase, to all-time high levels. Jet fuel prices on Wednesday were hiked by over 18 percent - the steepest ever increase - to all-time high levels after international oil prices surged to a multi-year high. International oil prices had climbed to a 14-year high of near USD 140 …

Air Travel to Get Costlier as Jet Fuel Prices Rise to Record High After Price Hike
2 years, 10 months ago

Air Travel to Get Costlier as Jet Fuel Prices Rise to Record High After Price Hike

News 18  

Air travel is expected to get costlier as oil marketing companies on Wednesday raised the aviation turbine fuel prices for the second time in February. In the national capital, the price of jet fuel was raised to Rs 90,519.79 per kilolitre from Rs 86,038.16 per kilolitre. Fuel retailers revise jet fuel prices on a fortnightly basis. At present, fuel based …

Petrol, diesel price hiked again; cost 30% more than ATF
3 years, 2 months ago

Petrol, diesel price hiked again; cost 30% more than ATF

The Hindu  

Petrol and diesel price on Sunday was hiked again by 35 paise a litre and the auto fuels now cost a third more than the rate at which aviation turbine fuel / jet fuel is sold to airlines. The fourth straight day of 35 paise per litre hike sent petrol and diesel rates to record highs across the country. Since …

As State Run Refiners Increase Jet Fuel Prices, Air Travel Likely to Get More Costly
3 years, 5 months ago

As State Run Refiners Increase Jet Fuel Prices, Air Travel Likely to Get More Costly

News 18  

State-run refiners increased the jet fuel prices on Friday adding more worries to the Indian carriers struggling to reboot operations after extensive disruptions due to the fresh wave of the pandemic. In the National capital, ATF prices for domestic airlines increased by 2.44 per cent from Rs 68,262.35 per kilolitre on July 1 to Rs 69,857.97 on July 16. Any …

Sigh of relief? Oil companies may cut retail price of petrol, diesel over next few days
3 years, 5 months ago

Sigh of relief? Oil companies may cut retail price of petrol, diesel over next few days

India TV News  

Oil marketing companies kept the retail price of petrol and diesel unchanged on Friday to analyse the global oil price movement before making further revisions. Fuel prices were revised upwards on previous two days taking the retail price of petrol over the century mark all across the country. Similarly, diesel price in the capital also rose by Rs 8.89 per …

Air travel may become costlier as jet fuel prices soar
3 years, 5 months ago

Air travel may become costlier as jet fuel prices soar

India TV News  

Prices of Air Turbine Fuel, also known as jet fuel, soared to Rs 68,262 per kiloliter in Delhi on Thursday, around 30 per cent more expensive than in January 2021. "ATF prices hiked in Delhi by 3.6 per cent and stood at Rs 68,262.35 per kl, in Kolkata it is increased by 3.27 and is at Rs 72,295.24 per kl; …

Domestic flights: Govt hikes lower fare band by 5%, extends cap on 80% capacity
3 years, 9 months ago

Domestic flights: Govt hikes lower fare band by 5%, extends cap on 80% capacity

India Today  

The government on Friday said that airlines will have to limit their capacity of 80 per cent of pre-Covid times till April as the number of air passengers has declined in the last few days due to coronavirus-related restrictions and impositions. "Last few days have seen a decline in the number of air passengers largely due to restrictions & imposition …

'Back on Track': India's Petrol, Diesel Demand Boomerangs to Pre-Covid Levels, ATF Yet to Catch Up
3 years, 9 months ago

'Back on Track': India's Petrol, Diesel Demand Boomerangs to Pre-Covid Levels, ATF Yet to Catch Up

News 18  

In an indication of a fast-recovering economy post pandemic, India’s fuel demand, except ATF, has returned to pre-Covid levels. “We are back on track.” While petrol sales had reached pre-Covid levels a few months back, diesel was up 7.4 per cent year-on-year in the first half of March. India’s economy returned to positive growth territory in the fourth quarter of …

Rising Fuel and Crude Oil Prices Reason for Recent Domestic Flights Airfare Increase: HS Puri
3 years, 10 months ago

Rising Fuel and Crude Oil Prices Reason for Recent Domestic Flights Airfare Increase: HS Puri

News 18  

Government has increased the minimum and maximum price band on the domestic flight prices. For example, Delhi-Mumbai fares at lower band has gone up from Rs 3,500 to 3,900 — comparable to second-class AC fares on Railways, Puri said. On May 21, the aviation regulator DGCA issued the government-decided fare limits for these bands — domestic flights with less than …

ATF prices slashed for the second time in September
4 years, 3 months ago

ATF prices slashed for the second time in September

Live Mint  

In a respite for cash-strapped Indian airlines, the price of aviation turbine fuel was slashed on Wednesday for the second time in September, as the global crude prices fell during the past few days following price cuts from Gulf producers as a result of slack demand due to the ongoing covid-19 pandemic. Indian Oil Corporation Limited revised its ATF, or …

Air Passenger Traffic Surges by Around 25 Percent Sequentially in August : ICRA
4 years, 3 months ago

Air Passenger Traffic Surges by Around 25 Percent Sequentially in August : ICRA

News 18  

Air passenger traffic in the country logged around 25 per cent month-on-month growth at 26 lakh passengers in August with airlines scaling up capacity by 27 per cent over July, rating agency Icra said on Monday. Passenger traffic on year-on-year basis, however, plunged by 77 per cent in August, Icra said. The average number of passengers per flight during August …

ATF price hiked 3 per cent; no change in LPG, petrol, diesel rates
4 years, 4 months ago

ATF price hiked 3 per cent; no change in LPG, petrol, diesel rates

India TV News  

Jet fuel or ATF price on Saturday was hiked by 3 per cent, the fifth straight increase in two months, while there was no change in rates of cooking gas LPG, petrol and diesel. Aviation turbine fuel rates went up by Rs ‎1,304.25‎ per kilolitre or 3 per cent in the national capital to Rs 43,932.53 per kl, according to …

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