Jet Fuel

Tuesday, Apr 23, 2024 | Last Update : 01:14 PM IST

Union Civil Aviation Minister Jyotiraditya Scindia. (PTI)

Scindia urges States, UTs to reduce VAT on jet fuel to increase air traffic

The Minister said that Indian aviation industry has overcome many challenges to become one of the world's most lucrative aviation markets

20 Nov 2021 12:58 PM

Indians have flocked to tourist spots across the country from the beaches of Goa on the west coast to the mountainous north on planes and in cars after the easing of restrictions. (Bloomberg)

Demand for airline fuel surges in India with tourism rebound

India is proving to be a bright spot for jet fuel demand after the delta variant interrupted a recovery in air travel from the US to China

26 Aug 2021 11:27 AM

Jet fuel or ATF price on Thursday was hiked by 1.5 per cent, the fourth increase in six weeks. (PTI Photo)

Jet fuel price hiked by 1.5%, petrol and diesel rates unchanged

This is the fourth straight increase in ATF prices in six months

16 Jul 2020 4:11 PM

ATF price hiked by 7.5 pc; petrol, diesel rates unchanged for 2nd straight day. (PTI Photo)

Jet fuel price hiked by 7.5%; petrol, diesel rates unchanged for second day

Aviation turbine fuel (ATF) price was hiked by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl in Delhi

01 Jul 2020 10:07 AM

Petrol price increased by 47 paise per litre and that of diesel by a record 93 paise. (PTI Photo)

In 10 hikes, petrol up by Rs 5.47 per litre and diesel by Rs 5.8

Aviation turbine fuel (ATF) price hiked by Rs 5,494.5 per kilolitre, or 16.3%, to Rs 39,069.87 per kl in national capital

16 Jun 2020 11:45 AM

Petrol and diesel prices were frozen soon after the government raised excise duty on the two fuels. (PTI Photo)

Aviation fuel now costs less than one-third of petrol price

Aviation turbine fuel price has been cut by Rs 6,812.62 per kilolitre, or 23.2 per cent, to Rs 22,544.75 per kl in the national capital

03 May 2020 12:16 PM

Air India making a written request for the same as also promising to make regular payments to clear over Rs 5,000 crore in overdue fuel bills.

Oil companies defer decision to suspend fuel supplies to Air India

IOC, HPCL and BPCL had earlier this month threatened to snap aviation turbine fuel supplies to Air India.

18 Oct 2019 10:44 AM

IOC and two other oil marketing companies, Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), have served a notice on Air India that they will be forced to stop jet fuel (ATF) supplies if payments are not made, said IOC's Sandeep Kumar Gupta.

Oil Cos say Air India not honouring Rs 100 cr/month payment promise

The monthly payment was besides the airline being put on cash-and-carry where it was given fuel only against cash payment.

15 Oct 2019 4:44 PM

Air India official had on Thursday said that oil firms stopped fuel supplies to the airline at Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Patna around 4 pm.

Air India owes Rs 4,500 cr in fuel dues; hasn't paid in 200 days: Oil cos

Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.

23 Aug 2019 1:24 PM

Jamnagar shall be the refinery icon of the world with best-in-class performance, the company said in its latest annual report outlining its vision.

Reliance to produce only jet fuel, petrochemicals at Jamnagar after oil-to-chemical strategy

The company is preparing its Jamnagar complex to be future ready as fuel demand undergoes change.

11 Aug 2019 12:07 PM

The nation is preparing to raise its fuel quality to so-called Euro 6 standards from Euro 4 from April 2020 to fight pollution.

IOC sees growth in Indian fuel demand above 4 per cent in 2019

Gasoline and jet fuel demand are expected to rise by 7-8 pc this year, while diesel consumption could increase by 3 pc.

25 Jun 2019 2:02 PM

Airlines in the Asia/Pacific region posted a demand increase of 7.1 per cent in January, compared to the same month last year.

Asian jet fuel profit margins hit over eight-month low on weak demand

Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.

13 Mar 2019 2:16 PM

This is the first increase in prices in four-months which has pushed rates to their highest level this year.

ATF price hiked by 8.1 pc, still costs less than petrol, diesel

The price of ATF was hiked by Rs 4,734.15 per kilolitre, or 8.15 per cent, to Rs 62,795.12 per kl in Delhi.

01 Mar 2019 5:55 PM

The price of Aviation Turbine Fuel (ATF) -- used to power airplanes -- was slashed by Rs 9,990 per kilolitre. (Representational Image/ Pixabay)

ATF price cut by 14.7 per cent; costs less than petrol, diesel

ATF costs just a shade higher than the price charged for kerosene sold through non-PDS outlets in Delhi.

01 Jan 2019 2:42 PM

The central government currently charges 14 per cent excise duty on ATF. (Representational Image)

Excise duty on aviation turbine fuel lowered to 11 per cent

Jet fuel was priced at Rs 47,013 per kl in July last year and has risen by 58.6 per cent since then.

11 Oct 2018 8:54 AM

Air passengers are expected to witness an increase in the flight ticket prices this festive season, as the aviation turbine fuel (ATF) prices have on Monday surged to the highest level since March 2014, as per the data from Indian Oil Corporation Ltd. (Photo: ANI)

Airfares to shoot up this festive season on surging jet fuel prices

The government, last week, hiked import duty on aviation turbine fuel to 5 per cent.

02 Oct 2018 2:15 PM

IndiGo is the only carrier that meets a portion of fuel consumption by directly bringing ATF from overseas.

Import duty on ATF not to make big impact on airlines

Industry sources said the low-cost private carrier’s total import accounts for 10-12 per cent of its fuel bill.

28 Sep 2018 10:56 AM

Aviation stocks tumbled up to 5 per cent on Thursday after the government raised import duty on jet fuel. (Photo: Pixabay)

Airline stocks fall up to 5 pc on hike in import duty of jet fuel

Shares of Jet Airways tumbled 4.82 per cent, SpiceJet 1.95 per cent and InterGlobe Aviation 1.27 per cent on BSE.

27 Sep 2018 4:50 PM

The all-powerful GST Council may this week consider bringing jet fuel (ATF) and natural gas under GST ambit but tax slab is acting as a deterrent, people familiar with the matter said.

GST Council may bring natural gas, jet fuel under GST this week

However, fitting the two products in the 5, 12, 18 and 28 per cent GST tax slabs is proving to be difficult.

15 Jul 2018 11:40 AM

The battle over lucrative pipelines supplying jet fuel to Mumbai airport is hotting up with a powerful formation of Reliance Industries and private airlines Jet Airways and Emirates trying to break the stranglehold of PSU oil firms BPCL and HPCL. (Photo: PTI)

Reliance vs PSUs: Battle for pipelines to supply jet fuel in Mumbai hots up

Reliance, which produces a fourth of India's aviation turbine fuel, wants access to the pipelines.

15 Jul 2018 11:28 AM

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Aakar Patel

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