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  • Airlines sign cheaper ATF deals with OMCs for 2025 as crude prices fall

    Senior executives from the domestic carriers told Moneycontrol they negotiated for lower jet fuel prices as part of their yearly contracts with oil marketing companies following a nearly 30 percent fall in the price of crude, from around $95 a barrel in November 2024 to $60 a barrel in March 2025.

  • After IndiGo, SpiceJet likely to levy fuel charge owing to rising ATF prices

    This development comes just a day after IndiGo said that it is introducing a fuel charge, which will be effective from October 6 in order to check rising ATF prices.

  • IndiGo introduces fuel charge up to Rs 1,000 to offset rising ATF prices

    The decision follows the significant increase in Aviation Turbine Fuel (ATF) prices, which have surged in the last three months with consecutive price hikes every month, the carrier said in a statement

  • LPG cylinder price hike news: Commercial LPG prices hiked by Rs 350.50, Domestic LPG prices increased by Rs 50; check rates in Delhi

    Additionally, air travel expenses are expected to get affected as the Aviation Turbine Fuel (ATF) prices have dropped from 1.12 Lk/kL In Delhi to 1.07 Lk/kL.

  • Proposal to bring ATF under GST under consideration, urged states to reduce VAT: Jyotiraditya Scindia

    "Eight months ago, only 11 states had VAT rate ranging from 1-4 percent and a bulk of the states had rates ranging from 20-30 percent. Now 24 states levy VAT between 1-4 percent only," the minister said.

  • ATF prices climb to record high after 5.2% hike

    This is the fourth hike in jet fuel or Aviation Turbine Fuel (ATF) prices in less than two months following a spike in global oil prices but petrol and diesel prices remained unchanged for a record 103rd day in a row, coinciding with electioneering to elect new governments in states like Uttar Pradesh and Punjab.

  • Scindia is right. ATF tax revenues of states are insignificant

    Aviation minister Jyotiraditya Scindia urged states to reduce the value-added tax (VAT) on aviation turbine fuel (ATF). States have long resisted such calls.

  • Facing liquidity crunch, SpiceJet took one-time relief for payment of lease

    SpiceJet's peers Jet Airways and IndiGo are also facing strong challenges in a market that is marked by huge demand but constrained by poor infrastructure and intense competition keeping fares low.

  • Jet, Air India to gain more from lower crude prices: CAPA

    Kapil Kaul of CAPA expects Jet Airways to turn profitable in the next 12-18 months.

  • Aviation war sometime away; Air India a spoiler: Experts

    Ajay Singh, Former Director, SpiceJet says getting the right business model for an airline is of utmost importance now as it is getting difficult to run an airline successfully.

  • Indigo flying high above sector turbulence; to add 9 planes

    The turbulence in the aviation sector has spared one airline - Indigo. The airline is continuing with its 2012 plan of adding nine new aircrafts.

  • Antique Broking prefers SpiceJet among listed aviation cos

    This morning, the aviation space has not been looking great.Vikram Suryavanshi, research analyst of Antique Stock Broking feels high ATF prices will remain a primary challenge for aviation companies. He prefers exposure to SpiceJet among other listed aviation companies.

  • Oil companies hike ATF price by 2.5%

    After two consecutive price cuts, state-owned oil companies today hiked jet fuel, or ATF, price by 2.5% in line with firming of international oil rates.

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