All posts tagged: ATF prices

Centre may push airlines to reduce passenger charges amid lower fuel prices

Centre may push airlines to reduce passenger charges amid lower fuel prices

Published by Webster

The government may soon ask airlines to review and reduce surge pricing and additional passenger charges if the recent decline in crude oil and aviation fuel prices proves to be sustainable, Civil Aviation Minister K Ram Mohan Naidu said on Thursday. The Centre is closely monitoring trends in aviation turbine fuel (ATF) prices and has initiated discussions with airlines to assess whether the current easing in fuel costs is likely to continue over the long term. “At present, we are seeing prices coming down, but we need to assess whether this is a long-term reduction or a temporary fall. Discussions with airlines are underway,” Naidu said. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Centre may ask airlines to review surcharges and additional prices if crude rates stabilise

Centre may ask airlines to review surcharges and additional prices if crude rates stabilise

Published by Parlour News

The Union government may ask airlines to review surge charges and additional fares if fuel prices remain stable over a longer period, Civil Aviation Minister K Ram Mohan Naidu said on Thursday. The Union government may ask airlines to review surge charges and additional fares if fuel prices remain stable over a longer period, Civil Aviation Minister K Ram Mohan Naidu said on Thursday. (PTI (File)) Speaking with reporters, Naidu said the Centre was closely monitoring aviation turbine fuel (ATF) prices and was in discussions with airlines to assess whether the recent decline in prices was sustainable. Also Read| Oil prices today: Brent crude falls to $73 as Trump orders DOJ probe into oil companies over gas prices Currently government reviews ATF prices on a fortnightly basis, based on movement of global crude prices. Besides it has also created a ₹10,000 crore price stabilisation fund to support airlines in times of distress due to West Asia crisis. “Secondly, now that we are seeing prices coming down, we still have to see if this is a …

‘Much-needed support’: Air India on Centre’s ₹10,000-crore aviation fuel price relief package

‘Much-needed support’: Air India on Centre’s ₹10,000-crore aviation fuel price relief package

Published by Parlour News

Air India on Wednesday welcomed the Centre’s ₹10,000-crore fund to help keep aviation fuel prices stable. The airline said the decision would provide much-needed support to the aviation sector and help airlines maintain connectivity during a period of high fuel price volatility. Air India welcomed the Centre’s ₹10,000-crore ATF price stabilisation fund. (Reuters) This came after the Union cabinet, chaired by Prime Minister Narendra Modi, approved a one-time support package to help keep ATF (aviation turbine fuel) prices stable for scheduled Indian airlines. This follows a sharp increase in global aviation fuel prices linked to the ongoing war in West Asia. ALSO READ | Delhi airport’s third runway may remain shut till September amid efforts to enhance aircraft-handling capacity Air India backs government move On X, the airline said it “warmly welcomes and deeply appreciates” the government’s decision. “This progressive measure provides a much-needed support to the Indian aviation ecosystem and reinforces the Government’s commitment to strengthening connectivity for the people of India, while enabling airlines to serve passengers more effectively,” the statement read. What …

IndiGo reduces domestic flight operations between June and August amid cost pressures

IndiGo reduces domestic flight operations between June and August amid cost pressures

Published by Webster

IndiGo will reduce domestic flight capacity by 5-7 per cent between June and August 2026 amid rising aviation fuel costs and softer post-summer travel demand. The airline has also trimmed international operations as airlines face mounting cost pressures and volatile crude oil prices Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

India must stay prepared amid West Asia tensions, but no immediate concern, says Civil Aviation Minister Naidu

India must stay prepared amid West Asia tensions, but no immediate concern, says Civil Aviation Minister Naidu

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Union Civil Aviation Minister Kinjarapu Rammohan Naidu on Wednesday said the country must be prepared to tackle any possible fallout of the escalating crisis in West Asia, although the situation was “not worrisome for India at present”. During his maiden visit to Ranchi, Naidu said every sector, including civil aviation, must plan proactively to minimise the impact of the crisis on people and the country. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link