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Aviation turbine fuel News

22 Dec 2024

GST Council Defers Major Decisions, Key Issues Await Further Discussion

The GST Council also discussed the imposition of GST on quick commerce services, e-commerce, and food delivery platforms, but no decision was reached.

aviation turbine fuel

01 Jun 2024

ATF Price Cut By 6.5%, Windfall Tax On Crude Petroleum Reduced

The government has reduced the windfall tax on domestically-produced crude oil to Rs 5,700 per tonne from Rs 5,700 which is effective from June 1, 2024.

04 Jan 2024

IndiGo Strikes-Off Fuel Charge After Aviation Turbine Fuel Price Come Down

IndiGo, a major Indian airline, halts fuel charge collection on tickets after a surge in jet fuel prices, effective three months post introduction.

01 Apr 2022

Petrol, Diesel price on April 1: Jet fuel price witnesses hike by 2%

Aviation turbine fuel was raised by Rs 2,258.54 per kilolitre, or 2%, to Rs 1,12,924.83 per kilolitre in the national capital. The hike in fuel costs is due to disruptions in supply chains and the resulting increase in global oil prices as a result of the crisis in Ukraine. On Thursday, crude oil prices tumbled 7% to slightly above $100 a barrel.

aviation turbine fuel

03 May 2020

Aviation Turbine Fuel price cut 23 per cent, costs one-third of petrol, diesel

On May 3, aviation turbine fuel price was cut by Rs 6,812.62 per kilolitre, or 23.2 per cent, to Rs 22,544.75 per kl in the national capital, according to a price notification by state-owned oil marketing companies.

01 Jan 2019

ATF price cut by 14.7%; costs less than petrol, diesel

Jet fuel price Tuesday was cut by a record 14.7 percent on the back of decline in international rates, making it cheaper than both petrol and diesel.

Excise duty cut

10 Oct 2018

Government cuts excise duty on aviation turbine fuel to 11%

This comes as a relief to the aviation industry that has been hit hard by high fuel prices.

20 Aug 2018

GST Council may propose inclusion of ATF under GST in its next meeting

ATF constitutes approximately 35-40 percent of operational cost of an airline in India.

29 May 2018

IndiGo to levy up to Rs 400 fuel surcharge per passenger; fares set to rise

IndiGo is the first local carrier to announce passing on the burden of spiralling jet fuel prices to the passengers.

aviation turbine fuel

23 May 2018

ATF price hike may lead to increase in air fares: Experts

Since the jet fuel accounts for 45 percent of an airline's cost of operation, the carriers could think of hiking the prices by up to 15 percent, the experts feel.

Civil Aviation Ministry

17 May 2018

Civil Aviation Ministry likely to approach GST Council for inclusion of ATF

An indication to this effect was given by a senior official of an airline here following a meeting with Minister of State for Civil Aviation Jayant Sinha.

aviation turbine fuel

01 Aug 2017

LPG price cut by Rs 40 per cylinder; ATF price hiked by Rs 1097/KL

In the last review OMCs had not changed the price of both ATF and non-Subsidised LPG.

Goods and Services Tax

27 Jun 2017

Natural gas may be included in GST, to benefit ONGC

The oil ministry has taken up with the finance ministry for early inclusion of all the five exempted products in GST.

06 Oct 2016

BP India gets license to sell jet fuel in India

BP will soon start local sales of aviation turbine fuel.

01 Jul 2016

Air travel set to get costlier- Know why

In the five increases, ATF rates have gone up by 25 percent, or Rs 9,985.87, per kilolitre since March.

01 Jun 2016

Airlines may increase price of tickets with hike in ATF

With the Government affecting a steep over nine percent hike in aviation turbine fuel (ATF), airlines may increase the price of tickets.

01 Apr 2016

Non-subsidised LPG price cut by Rs 4 per cylinder, jet fuel price hiked 8.7%

Aviation Turbine Fuel (ATF), or jet fuel, price was on Friday hiked by 8.7 percent but that of non-subsidised cooking gas LPG was cut by Rs 4 per cylinder on global trends.

aviation turbine fuel

13 Jan 2016

BP gets approval to sell jet fuel to airlines in India

After nearly two years of wrangling, BP plc has won an 'in-principle' approval to retail aviation turbine fuel (ATF) to airlines in India.

01 Jan 2016

Non-subsidised LPG price hiked by Rs 49.5 per cylinder

The oil firms raised prices of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, by Rs 49.5 per 14.2-kg bottle.

01 Dec 2015

Price of non-subsidised LPG hiked by Rs 61.5 per cylinder

Jet fuel or ATF price was cut on Tuesday by a marginal 1.2 percent, the third reduction in as many months, while rate of non-subsidised cooking gas (LPG) was hiked by Rs 61.50 a cylinder due to global cues.

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