SENSEX NIFTY

Jet Fuel

Dec 18, 2014 at 21:12 | Source: CNBC-TV18
Sources say that the airline has informed the government that an investor will be coming on board soon. The low-cost airlines former promoter Ajay Singh has expressed an interest in buying back into the airline, and is even learnt to be helping it draw up a revival plan.
Dec 18, 2014 at 12:29 | Source: PTI
Troubled airline SpiceJet today resumed operations after being forced to cancel over 150 flights with oil marketing companies refusing to refuel its planes forcing the budget carrier to pay Rs three crore last evening to buy jet fuel.
Dec 17, 2014 at 17:29 | Source: CNBC-TV18
After a brief hiatus, SpiceJet flights will resume operations at 4 pm, tweeted company COO Sanjiv Kapoor in the afternoon. Earlier in the day, SpiceJet flights were grounded after the oil market companies (OMCs) said the budget carrier would get fuel only on immediate payments.
Dec 17, 2014 at 13:12 | Source: PTI
SpiceJet had been put on cash-and-carry about six months back, which meant fuel will be supplied to the aircraft only if they pay for it, industry sources said.
Dec 17, 2014 at 11:55 | Source: CNBC-TV18
The low-cost airlines operations came to a standstill on Wednesday after oil marketing companies did not supply jet fuel due to overdues.
Dec 17, 2014 at 11:37 | Source: CNBC-TV18
In an interview to CNBC-TV18, SL Narayanan said the OMCs decision was unfortunate as the company has merely defaulted on two-three days payment.
Dec 17, 2014 at 10:33 | Source: Reuters
Budget carrier SpiceJet Ltd's aircraft are currently grounded because oil companies have not refuelled any of its planes, a spokesman told Reuters on Wednesday.
Dec 16, 2014 at 16:39 | Source: Moneycontrol.com
Investors were also hurriedly buying shares of Jet Airways on hopes of lower aviation turbine fuel (ATF) price as Brent crude oil prices fell over USD 1 per barrel and below USD 60 for the first time since July 2009.
Dec 16, 2014 at 13:16 | Source: Reuters
SpiceJet executives were set to meet government officials for another round of talks after a deadline set by regulators for the budget carrier to set out a plan for paying its dues to airline authorities and fuel suppliers expired on Sunday.
Dec 11, 2014 at 11:59 | Source: Moneycontrol.com
Shares in Naresh Goyal Jet Airways have soared about 77 percent in 13 trading sessions, from a low of Rs 253 to Rs 447 currently, amid expectations it would be a likely beneficiary if troubled rival SpiceJet were to collapse.
Messages on Jet Fuel »

ajithkumar1
970

Silver Member

120 Followers

SpiceJet  

Consultancy firm KPMG also suggested several sops for the aviation industry, including notification of jet fuel as a `declared good` to have a uniform levy of four per cent across the country.

10.32 PM Jun 28th

warmest

Platinum Member

193 Followers

SpiceJet  

", which entails attractive and sustainable fares, high aircraft utilisation, efficient cost structure and strengthening of services between metro airports and tier II and III cities. De Roni said the government should slash heavy taxes on jet fuel to make it more affordable for the people to fly.

8.18 PM Jun 26th

ajithkumar1
970

Silver Member

120 Followers

SpiceJet  

We will talk to state governments. We will tell them that the sector has been going through turbulent times. We are also in talks with the oil ministry to bring ATF (jet fuel) under the declared goods category (to bring uniformity and reduction in taxes up to 4% from 28% across the country).

11.02 AM Jun 26th

warmest

Platinum Member

193 Followers

SpiceJet  

Indian aviation industry today asked the government to slash taxes on jet fuel, exempt aircraft engines from customs duty and rationalise taxation of MROs, as the BJP-led dispensation prepared for the general budget for 2014-15. http://t.in.com/dIhv

7.24 PM Jun 10th

ajithkumar1
970

Silver Member

120 Followers

SpiceJet  

In the meantime, both the Airline industry and the hospitality industry are hoping that the Finance Minister would make suitable provisions in the ensuing Budget to reduce taxes on the hospitality sector and jet fuel. After all, the increased cost of jet fuel is eventually passed

5.07 PM Jun 9th

PankajSoni

New Member

3 Followers

Suzlon Energy  

i personally feel Suzy will be far ahead of GVK as airport investments of GVK might weigh heavily on it and slow it down in the long run, whereas Suzy business has potential for gr8 success and along with Senvion it might get that jet fuel it needs to fly fast

2.27 PM May 19th

sknl1

Gold Member

10 Followers

SpiceJet  

Goa offers to refund jet fuel VAT to attract more air traffic Thats why am begging all of you to buy this ..

11.54 PM Mar 5th

radha123201
1

Platinum Member

2005 Followers

Just Posted  

Aviation stocks hit air pocket after hike in jet fuel price

2.35 PM Mar 3rd

warmest

Platinum Member

193 Followers

  

You can find the answer here in this news article. SpiceJet begins jet fuel import pilot, with RIL http://t.in.com/bGnW

10.07 AM Feb 15th

warmest

Platinum Member

193 Followers

SpiceJet  

locations,” Mr Dubey says. “With reduced airport charges, tax rebates on jet fuel, and local government support, this opportunity is likely to grow over the next two years.”

10.35 AM Feb 14th

News across the web »
Dec 17, 2014 at 13:37 | Source: Calcutta Telegraph News
Dec 11, 2014 at 05:27 | Source: BBC