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    Aviation Turbine Fuel (atf)

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    • Praj Industries shares soar 9% on three-fold revenue growth target by 2030

      Executive Chairman of Praj Industries, Pramod Chaudhari said energy transition and climate actions (ETCA) sectors have a global potential, which is expected to drive growth.

    • Windfall tax on crude oil raised to Rs 10,000 a tonne from Rs 6,700

      The government has cut cut the special additional excise duty (SAED) on aviation turbine fuel (ATF) to 3.50 rupees per litre from 4 rupees per litre.

    • Air fares likely to go up as OMCs increase jet fuel price by 14%

      This the third straight month of hike in jet fuel prices and coincides with the festival season when air travel picks up. In the last three months, ATF prices have gone up by approximately 24 percent

    • Windfall tax on crude petroleum slashed to Rs 9,500 per tonne, hiked on ATF, diesel exports

      The special additional excise duty on ATF exports has been raised from Rs 3.5 to Rs 5 per litre, and on diesel from Rs 12 to Rs 13 per litre.

    • Explained: Why India reduced windfall tax on diesel, aviation fuel and scrapped levy on petrol

      A significant correction in global crude oil prices and subsequent correction in gross refining margin (GRM) resulted in erosion of gains being made by these companies and prompted the government to ease the levies.

    • Govt likely to propose formula to bring ATF under GST

      The likely government proposal will be to allow 18 percent GST in addition to VAT or excise rate, CNBC TV18 learnt from sources, adding that the formula would be introduced only if its acceptable to all the states.

    • Aviation Turbine Fuel price cut by 14% from March 21: Report

      The move will bring some relief to airlines, which are suffering from a weak demand because of COVID-19

    • 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.

    • Hopeful of further ATF cut; see improved revenues: SpiceJet

      The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was cut by Rs 4,987.7 per kilolitre, or 7.3 percent, to Rs 62,537.93 per kl, oil companies announced today.

    • Fees for check-in bags to slightly push airline rev: Expert

      Charging for unbundled services like check-in bags and preffered seats would increase the revenues for the airlines marginally.

    • Oil retailers raise ATF price by 3.4%

      For the 10th fortnight in a row, state-owned oil firms today raised jet fuel price by 3.4% in line with spike in crude oil prices.

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