ATF

BRICS may align SAF standards, feedstock mapping and carbon tracking to enable cross-border trade and support global aviation decarbonisation

Diesel export duty rises to Rs 25 per litre and petrol attracts a Rs 1.5 levy, while the export duty on aviation turbine fuel falls to Rs 19 per litre

Aviation turbine fuel (ATF) prices on Tuesday were hiked by 5.46 per cent, while the price of commercial LPG, used by establishments such as hotels and restaurants, was raised by Rs 9.50 per 19-kg cylinder, in line with a rise in their international benchmarks. The price of Jet fuel or ATF has been raised by Rs 6.28 per litre, or 5.46 per cent, to Rs 121.28 per litre for domestic airlines, according to state-owned oil firms. The increase comes on the back of a Rs 5 a litre rise in rates on August 1. The two increases will add to the financial burden of airlines, for whom ATF makes up to 40 per cent of operating costs. Commercial LPG prices have increased from Rs 2,738 per 19-kg cylinder to Rs 2,747.50. The price of the 5-kg market-priced cooking gas LPG cylinder, called 5-kg FTL, has also been increased from Rs 762 to Rs 764. The rate hike follows two straight monthly reductions - a steep Rs 192 per 19-kg cylinder cut on August 1 and a Rs 183.5 cut on July 1. The two reductions in

Civil Aviation Minister K Rammohan Naidu on Thursday said there is no proposal to blend ethanol with Aviation Turbine Fuel (ATF) and that spreading misinformation on aviation safety creates needless anxiety among air travellers. His comments come against the backdrop of former Delhi Chief Minister Arvind Kejriwal claiming that the central government was planning to blend ethanol in ATF. "Sources indicate that the Modi government plans to mix ethanol in Aviation Turbine Fuel (ATF). Experts say that this could seriously compromise the safety of flights," Kejriwal said in a post on X. Naidu said the claim that the government plans to blend ethanol with ATF is completely false and irresponsible and added that there is no such proposal. "Spreading misinformation on aviation safety only creates needless anxiety among air travellers. Passenger safety remains the Government's highest priority," the minister said in a post on X. Elaborating, Naidu said ethanol and Sustainable Aviation Fuel

Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased, while domestic excise duty rates remain unchanged.

India has increased windfall taxes on diesel and aviation turbine fuel exports as global oil prices rise following the escalation of the US-Iran conflict

The government has increased export duties on diesel and aviation turbine fuel to discourage exports and ensure adequate domestic supplies amid the ongoing West Asia conflict

Domestic airlines will be able to buy aviation turbine fuel (ATF) at a fixed price of Rs 86.32 per litre for up to three years under a new government-backed price stabilisation scheme aimed at shielding carriers and passengers from a surge in global fuel costs. Under the voluntary scheme, participating airlines will pay the fixed free-on-board (FOB) benchmark price plus airport charges, oil company margins and applicable taxes, taking the effective selling price to about Rs 115 per litre in Delhi, Rs 114.5 in Mumbai and Rs 139 in Chennai, according to government officials. The benchmark compares with the current effective ATF price of about Rs 105 per litre in Delhi, which has remained frozen for more than two months after the government allowed only a partial pass-through of soaring global fuel costs triggered by the outbreak of the West Asia conflict in late February. While participating airlines will pay the fixed price, those not opting for the scheme will be charged prevailing

OMCs will be compensated for losses arising from elevated international ATF prices whenever the prevailing import parity price exceeds a benchmark price determined by the government

The decision has been take to to ensure stability in the domestic fuel market, said Russia government

Experts said lower ATF taxes at India's two biggest aviation hubs could improve airline operating economics and margins, though passengers may not see meaningful fare cuts immediately

The reduction comes against the backdrop of uncertainty in global fuel supplies linked to the ongoing conflict in West Asia

There is no change in excise duty on petrol and diesel meant for domestic consumption

India has expanded ATF norms to allow blending with synthetic hydrocarbons, supporting alternate fuels and reducing reliance on crude imports amid energy concerns

The change allows for the inclusion of alternative and synthesised components within the fuel mix

Government reduces landing and parking charges by 25 per cent for three months to ease airline cost pressures amid rising fuel prices and disruptions

Nomura believes oil marketing companies (OMCs) are likely to face margin pressure after the government raised prices of aviation turbine fuel (ATF) and commercial liquefied petroleum gas (LPG)

Jet fuel prices were partially raised to cushion domestic travellers despite global surge, while commercial LPG prices were hiked and domestic rates kept unchanged

Ministers say decision aims to cushion consumers and support oil marketing companies as crude prices surge amid Iran War

The price of commercial LPG used in hotels and restaurants was lowered by ₹14.50 per cylinder today