Aviation Fuel

ATF prices rise 10% as oil firms roll out price stabilisation regime

The new rate will be locked in for up to three years for airlines that opt to participate in the government-backed price stabilisation scheme

ATF price stabilisation fund very good solution to airlines' problem: IATA

India setting up the ATF price stabilisation fund is a very good solution to address the problem of higher jet fuel costs being faced by the domestic airlines, a senior IATA executive has said. While mentioning that the current jet fuel scenario globally is unprecedented in terms of the cost impact, Hemant Mistry, Director Energy Transition at IATA, cautioned that if the situation continues, there would have to be more flight reductions. The International Air Transport Association (IATA) represents over 370 airlines, including Air India, IndiGo, Air India Express and SpiceJet. The grouping accounts for around 85 per cent of the global air traffic. Mistry said the jet fuel situation in terms of cost impact is unprecedented. "If the situation continues, there will have to be more demand destruction... that is the only way to manage the situation, it is an extreme situation," he told PTI. Demand destruction broadly refers to a reduction in flights amid rising operational costs, drive

India fixes jet fuel benchmark at ₹115/l under new ATF stabilisation plan

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

Russian govt imposes ban on aviation fuel exports until November 30

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

Centre revises fuel export levies for June 1-15; domestic rates unchanged

The Centre has retained the export levy on diesel at ₹13.5 per litre, while fixing the duty on petrol exports at ₹1.5 per litre and on aviation turbine fuel (ATF) exports at ₹9.5 per litre

Boost biofuel production to cut imports, achieve self-reliance: Gadkari

Union minister Nitin Gadkari on Saturday said India faces a "significant" shortfall in the production of bitumen and aviation fuel, stressing the need to boost domestic biofuel production to reduce imports and achieve self-reliance. Addressing a function in Lonavala near Pune, Gadkari said the country requires around 120 lakh tonnes of bitumen annually, while domestic petroleum companies have the capacity to produce about 50 lakh tonnes. "As a result, we have to import 60 to 70 lakh tonnes of bitumen every year. The price of bitumen has increased from Rs 45 per kg to Rs 80 per kg," he said. The Union Road Transport and Highways said India was spending substantial foreign exchange on the import of bitumen and other petroleum products, making it imperative to explore alternative and indigenous sources of production. Referring to the aviation sector, Gadkari said the country was also facing a shortage of aviation turbine fuel. "In the next couple of days, five flights operating from

India's two largest aviation hubs cut ATF tax. How much can airlines gain?

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

Air India delays increments, asks staff to cut costs amid industry woes

Air India has deferred annual salary increments and urged employees to cut discretionary spending amid rising fuel prices and geopolitical disruptions

ATF prices unchanged for domestic airlines, international rates hiked: IOC

Aviation turbine fuel (ATF) prices for domestic airlines remained unchanged on Friday as state-owned oil companies decided to absorb the rise in global fuel prices to protect airlines and consumers, IndianOil said. Retail prices of petrol, diesel and domestic LPG cylinders have also been kept steady, insulating consumers from international price volatility. In a statement, IOC said there has been no rate revision in key fuels affecting the general public. ATF prices are, as per practice, revised on the 1st of every month based on input cost. While no change has been made in rates for domestic airlines, there has been an increase in prices for international carriers. IOC said that retail prices of petrol and diesel remained unchanged for consumers, who account for nearly 90 per cent of total consumption. Similarly, prices of domestic LPG (14.2-kg cylinders) for about 33 crore consumers have not been altered. Prices of kerosene distributed under the public distribution system (PDS)

Govt revises ATF norms, allows blended inputs for cleaner fuel options

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

SpiceJet, Indigo welcome ATF price increase amid West Asia crisis

SpiceJet Chairman and Managing Director Ajay Singh on Wednesday said the government's decision to allow only a partial increase in jet fuel prices would be a significant relief for the country's aviation industry at a time of unprecedented global uncertainty. PSU oil marketing companies, under the Ministry of Petroleum, in consultation with the Ministry of Civil Aviation, decided to implement only a partial and staggered increase of 25 per cent or Rs 15/litre for domestic airlines, Civil Aviation Minister K Rammohan Naidu said in a post on X. Airlines are already incurring higher operational costs due to the airspace restrictions in the West Asia region amid the conflict. The situation is forcing carriers to take longer routes for international flights, resulting in increased fuel burn. "The government's decision to allow only a partial increase in Aviation Turbine Fuel prices comes as a significant relief for the Indian aviation industry at a time of unprecedented global ...

ATF price rise impact may be visible from April 1: Aviation minister

Naidu said , "The impact should not translate into operations or the passengers. That will be the intention of the Ministry, and we will engage positively"

West Asia conflict: Airlines flag rising refinery margins behind ATF spike

Airlines say jet fuel prices have surged far more than crude oil since the West Asia conflict, blaming soaring refinery margins and the Mopag-linked pricing system for rising fares

Govt to soon launch sustainable aviation fuel policy: Aviation Minister

A report released at the summit by FICCI and KPMG said India's SAF ambitions rest on a strong feedstock advantage, including 680 million tonnes of annual agricultural residue

Govt to soon come out with sustainable aviation fuel policy: Rammohan Naidu

The government will very soon come out with a policy on Sustainable Aviation Fuel (SAF), which can help reduce crude oil imports, increase farmers' income and create more green jobs, Civil Aviation Minister K Rammohan Naidu said on Thursday. Addressing a summit in the national capital, the minister stressed that adoption of SAF (Sustainable Aviation Fuel) demands more innovation, investment and a collective international collaboration. India aims to have 1 per cent blending of SAF in jet fuel by 2027, 2 per cent blending by 2028 and 5 per cent blending by 2030. SAF can be used as a drop-in fuel in Aviation Turbine Fuel (ATF), which powers aircraft. The minister said that private players should also be part of SAF production besides the oil companies. Globally, the requirement for SAF is estimated at 183 million tonnes by 2040. "From feedstock to fuel, from farmers to flyers, and from frying to flying, who would have actually imagined that (those) frying samosas also can participat

IndiGo: Analysts advise 'Hold' despite rich valuations, sector headwinds

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

LanzaTech looks to convert waste into green fuels, eyes export market

LanzaTech aims to transform agri residue and waste gases into ethanol and sustainable aviation fuel with partners Indian Oil and GAIL as India builds biofuel capacity

India may mandate 5% SAF blending for domestic flights by 2030: Report

Deloitte-ISMA report projects 5% SAF blending by 2030 and 15% by 2040 for domestic flights, citing abundant biomass as driver for India's global SAF potential

Indian Oil, Air India sign agreement for sustainable aviation fuel supply

Indian Oil Corporation (IOC) has signed a landmark agreement to supply sustainable aviation fuel to Air India, representing a significant step towards a greener and cleaner aviation in India. IOC plans to begin production of sustainable aviation fuel (SAF) from used cooking oil starting December this year at its Panipat refinery, according to Chairman Arvinder Singh Sahney. The facility is expected to produce 35,000 tonne of green fuel annually, using waste cooking oil sourced from hotel and restaurant chains such as ITC and Haldiram's. SAF is an alternative fuel made from non-petroleum feedstocks that reduces emissions from air transportation. It can be blended up to 50 per cent in conventional aviation turbine fuel (ATF or jet fuel), depending on availability. India has mandated 1 per cent SAF blending in jet fuel sold to international airlines from 2027. IOC on Tuesday signed a memorandum of understanding (MoU) which "outlines the shared commitment of both parties to promote the

Used cooking oil to produce sustainable aviation fuel: Indian Oil chairman

Cooking oil is often discarded after being used for frying at home or in restaurants. However, a refinery of IndianOil has now won a certification to use the same oil to produce sustainable aviation fuel (SAF), the company chairman Arvinder Singh Sahney said. SAF is an alternative fuel made from non-petroleum feedstocks that reduces emissions from air transportation. It can be blended up to 50 per cent in conventional aviation turbine fuel (ATF or jet fuel), depending on availability. India has mandated 1 per cent SAF blending in jet fuel sold to international airlines from 2027. IndianOil's Panipat refinery in Haryana has won the International Civil Aviation Organization's (ICAO) ISCC CORSIA certification (International Sustainability and Carbon Certification - ISCC - developed under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to produce SAF from used cooking oil, he said. "We are the only company in the country to get this certification," he ...