ATF Price

Aviation Turbine Fuel (ATF) prices were raised by 5.4 per cent on Monday, while commercial LPG rates were cut by Rs 10 per cylinder as state-owned oil companies announced their monthly price revision in line with global trends. ATF prices in Delhi increased by Rs 5,133.75 per kilolitre to Rs 99,676.77 per kl, marking the third consecutive monthly hike, according to state-owned fuel retailers. Rates had risen by about 1 per cent on November 1 and by 3.3 per cent on October 1. The latest increase is expected to add pressure on airlines, for which fuel accounts for nearly 40 per cent of operating costs. No immediate comments could be obtained from the airlines on the impact of the price change. In Mumbai, ATF was revised to Rs 93,281.04 per kl, while prices in Chennai and Kolkata were raised to Rs 1,03,301.80 and Rs 1,02,371.02 per kl, respectively. Fuel prices vary across cities due to local taxes. Alongside, the price of a 19-kg commercial LPG cylinder used by hotels and restaura

Nuvama flagged 'high valuations' and 'near-term industry weakness' as key reasons for caution, even as structural positives remain intact.

The price of jet fuel, or ATF, was on Sunday slashed by 3 per cent - the third straight monthly reduction on softening international benchmark prices. The fall in international benchmark oil and gas prices also led to a Rs 24 per 19-kg cylinder cut in rate of commercial LPG used in hotels and restaurants. The price of aviation turbine fuel (ATF) was reduced by Rs 2,414.25 per kilolitre, or 2.82 per cent, to Rs 83,072.55 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. The price cut follows a 4.4 per cent (Rs 3,954.38 per kl) reduction on May 1 and a steep 6.15 per cent (Rs 5,870.54 per kl) reduction effected from April 1. Together with Sunday's reduction, the price cuts have more than offset the hikes that occurred earlier this year. A reduction in price of ATF will ease the burden on commercial airlines, for whom fuel makes up for almost 40 per cent of the operating cost. No immediate comments could be .

State-run oil marketing companies have reduced prices for 19-kg commercial LPG cylinders and aviation turbine fuel across major metros

Jet fuel, or ATF, price on Sunday was hiked by 1.45 per cent and rates of commercial LPG used in hotels and restaurants increased by Rs 16.5 per 19-kg cylinder in the monthly revision done in line with international oil price trends. The aviation turbine fuel (ATF) price was increased by Rs 1,318.12 per kilolitre, or 1.45 per cent, to Rs 91,856.84 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers. This is the second straight monthly increase in jet fuel prices. Rates were increased by Rs 2,941.5 per kl (3.3 per cent) on November 1. That hike came after two rounds of reduction which had taken the rates to their lowest level this year. ATF price on October 1 was cut by 6.3 per cent (Rs 5,883 per kl) and by Rs 4,495.5 per kl, or 4.58 per cent on September 1. The ATF price in Mumbai was increased to Rs 85,861.02 per kl on Sunday from Rs 84,642.91 previously. Oil firms also increased the price of commercial LPG b

The federal finance ministry will evaluate scrapping windfall tax on domestic crude oil output, Tarun Kapoor, adviser to the Indian prime minister, said last month

Domestic air passenger traffic grew 5.1 per cent year-on-year to an estimated 138.9 million in May and was significantly higher by around 14 per cent than pre-Covid levels, credit ratings agency Icra said on Thursday. Icra also said the outlook on the Indian aviation industry is stable amid the continued recovery in domestic and international air passenger traffic with a relatively stable cost environment and expectations of the trend continuing in FY2025. The airlines' capacity deployment in the previous month increased 6 per cent year-on-year and about 2 per cent higher than April 2024, it added. According to the agency, the domestic air passenger traffic for FY24 was around 154 million, with a year-on-year growth of around 13 per cent. It thus surpassed the pre-COVID levels of around 142 million in FY2020, the ratings agency said, adding that the international passenger traffic for Indian carriers stood at around 29.68 million last fiscal, registering a year-on-year growth of ..

Jet fuel or ATF price on Saturday was reduced by a steep 6.5 per cent and that of commercial LPG used by hotels and restaurants by Rs 69 per 19-kg cylinder on declining international oil prices. Aviation turbine fuel (ATF) price was cut by Rs 6,673.87 per kilolitre, or 6.5 per cent, to Rs 94,969.01 per kl in the national capital, according to a price notification of state-owned fuel retailers. The reduction follows a marginal 0.7 per cent (Rs 749.25 per kl) increase on May 1. The ATF rate in Mumbai was slashed to Rs 88,834.27 per kl from Rs 95,173.70. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms also cut the price of commercial LPG by Rs 69 to Rs 1,676 per 19-kg cylinder. This is the third straight monthly reduction in rates. The price was on May 1 reduced by Rs 19 per cylinder and by Rs 30.5 on April 1. Rate of cooking gas used in domestic households, however, remained unchanged at Rs 803 per 14.2-kg cylinder. April 1 saw th

The windfall tax, which is revised fortnightly, remains at zero for diesel and aviation turbine fuel

Jet fuel prices reduced, however, domestic LPG cylinder prices remain unchanged

Jet fuel or ATF price on Monday was cut by a marginal 0.5 per cent while rates of commercial LPG used by establishments such as hotels and restaurants were slashed by Rs 31 per cylinder in line with international prices. Aviation turbine fuel (ATF) price was cut by Rs 502.91 per kilolitre or 0.49 per cent, to Rs 100,893.63 per kl in the national capital, according to a price notification of state-owned fuel retailers. Rates in Mumbai have been cut to Rs 94,466.41 per kl from Rs 94,809.22. Prices differ from state to state depending on the incidence of local taxes. Alongside, oil firms also cut the price of commercial LPG by Rs 30.5 to Rs 1,764.50 per 19-kg cylinder. Rates of the cooking gas used in domestic households however remained unchanged at Rs 803 per 14.2-kg cylinder. This is the first reduction in commercial LPG prices since January. Rates had gone up Rs 14 per cylinder on February 1 and Rs 25.5 on March 1. Also, the price of the 5 kg FTL (Free Trade LPG or market price

IndiGo's fuel charges ranged from Rs 300 to Rs 1,000 per ticket based on distance travelled

International routes and supply shortages are, however, positive for IndiGo

Last month, ATF prices increased by 8.4 per cent, or Rs 7,651, in the national capital to Rs 98,508 per KL compared to July

IndiGo's profitability may be affected in the July to September quarter (Q2) of FY24 owing to lower fares in a seasonally weak quarter and higher fuel prices, analysts said

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New rate will be applicable in Mumbai, Pune and Raigad districts, says state budget

Amid recovery in domestic passenger traffic in FY2023, the earnings recovery for domestic airlines will be slow-paced due to elevated ATF prices in addition to the rupee depreciation against US dollar

Jet fuel (ATF) price was on Thursday reduced by 2.3 per cent, reflecting softening international oil prices but petrol and diesel rates remained on freeze for a record eighth month in running. Aviation Turbine Fuel (ATF) price was cut by Rs 2,775 per kilolitre, or 2.3 per cent, to Rs 1,17,587.64 per kl in the national capital, according to a price notification of state-owned fuel retailers. The rate reduction, which will provide relief to airlines for whom fuel makes for almost 40 per cent of the operating cost, comes on the back of a Rs 4,842.37 per kl, or 4.19 per cent, reduction last month. ATF price is revised on the 1st of every month based on the average rate of international benchmark and foreign exchange rates. Petrol and diesel prices, however, continued to remain on freeze for a record eighth month in a row. Petrol costs Rs 96.72 per litre in the national capital and diesel comes for Rs 89.62. State-owned fuel retailers are supposed to revise petrol and diesel prices dai

Cooling fuel prices and rupee depreciation and rising demand could help the country's largest airline by market share to reverse successive quarters of losses