Fri, Oct 06, 2023
ATF Prices: From October 6, Indigo has started charging on fuel, Indigo has increased the fare by ₹ 300-1000 and SpiceJet can also impose its own fuel charge.
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Mon, Jan 21, 2019
Since the time GST took birth in India from July 2017, bringing ATF under this regime has always been a very controversial topic for Modi government.
Wed, Jan 02, 2019
Almost every airline has blamed rising ATF prices - something that can be blamed on boiling international crude oil prices. However, now tables have turned as crude oil price has eased and OMCs have the chance to trim down costs.
Mon, Oct 23, 2017
Analysts predict headwinds for the aviation sector with very minute growth in domestic air passenger traffic and increasing aviation turbine fuel (ATF).
Fri, Sep 01, 2017
Indian oil has hiked aviation turbine fuel prices between 3% - 4% for both domestic and international airlines in four metro cities namely New Delhi, Mumbai, Kolkata and Chennai.
Tue, Jul 11, 2017
Three private listed companies; Jet Airways, SpiceJet and Indigo are expected to better earnings, margins and ASK growth in Q1FY18.
Wed, Apr 12, 2017
Ansuman Deb, Research Analysts of ICICI Securities said, “Q4FY17 is likely to be the bottom for airline margins as cost tailwinds come back from Q1FY18. As such, valuations will not depend on this quarterly performance. Yet, Q4FY17 will provide insights to how airlines fare in a relatively adverse scenario in their ability to pass on higher costs. ”
Thu, Dec 29, 2016
Minister of State for Civil Aviation Jayant Sinha elaborated that the sector has "dramatic headroom" for growth as India has only 150 million passenger trips a year as compared to China`s 450 million and the US` 800 million.
Wed, Oct 05, 2016
State-owned Indian Oil Corp (IOC) on Wednesday hiked the aviation turbine fuel (ATF) prices by nearly 3% in metro cities like Delhi, Kolkata, Mumbai and Chennai.
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