Page 5 - Jet Fuel

Relief to airlines: Govt scraps fuel throughput charge at all airports

Fuel throughput charge scrapped; carriers to save Rs 500 crore a year

Jet fuel price hiked by 2.6%, cost of non-subsidised LPG goes up by Rs 19

This is the second straight monthly increase in rates warranted due to firming up of prices in the international market

GoAir inks pact with Dubai-based Emirates National Oil Co for ATF supply

The pact was signed by Farid Al Bastaki, director, ENOC Aviation and Bhasin at the airlines headquarter in the city, the release stated

Gas and ATF likely to be brought under GST soon, says govt source

Experts said that the ATF price would come down if it is kept in the 18% GST bracket

OMCs flag roadblocks in govt's plan of rationalising taxes on jet fuel

Currently, airlines have to pay taxes for certain services, such as 'throughput charges', 'into-plane charges' and 'fuel-infrastructure charges' when they take the ATF at any airport for their planes

After talks, PSU OMCs begin jet fuel supply to Air India at 6 airports

Supplies to Air India resumed from Saturday evening, said an official spokesperson

Jet fuel price cut by 1% to 4-month low, LPG rate up by Rs 15 per cylinder

State-owned fuel marketing companies revise ATF prices on the 1st of every month based on average of benchmark international oil price in the previous month

State-run oil firms to form JV for jet fuel

AAI is also likely to be an equity partner in the JV

Jet fuel price cut by 4.2 per cent

This is the first time the price was reduced after five consecutive increases

Jet fuel price hiked 5.4%

Jet fuel price is now up 23.5% since January and coupled with weakened rupee, the move will pinch airlines

Airfare may not rise on aviation fuel hike

An immediate rise in fares is unlikely, due to growth in capacity in the domestic market, aviation sources said