All posts tagged: atf

Leander Paes joins Asian Tennis Federation

Leander Paes joins Asian Tennis Federation

Published by Webster

The Asian Tennis Federation (ATF) on Tuesday announced the appointment of Indian tennis legend Leander Paes as its Player Ambassador, marking a significant step in the federation’s efforts to inspire the next generation of players and accelerate the growth of tennis across Asia. The announcement was made during a special ceremony on the sidelines of the Wimbledon Championships, attended by ATF President Yuryi Polskiy, senior officials, players and members of the international tennis community. One of the most decorated players in the history of the sport, Paes enjoyed a professional career spanning more than three decades. An Olympic bronze medallist at the 1996 Atlanta Games, he won 18 Grand Slam titles — eight in men’s doubles and 10 in mixed doubles — while also completing a career Grand Slam in both disciplines. A former world No. 1 in doubles and winner of the Davis Cup Commitment Award, Paes has been one of Asia’s greatest ambassadors for tennis and one of India’s most celebrated sporting icons. As Player Ambassador, Paes will work closely with the ATF …

OMCs cuts ATF prices by nearly Rs 5 per litre as global crude prices ease

OMCs cuts ATF prices by nearly Rs 5 per litre as global crude prices ease

Published by Webster

State-owned oil marketing companies (OMCs) have reduced aviation turbine fuel (ATF) prices by nearly Rs 5 per litre, effective from Wednesday, following a decline in international crude oil prices after easing geopolitical tensions in West Asia.  According to the latest price notification, the price of jet fuel in Delhi has been cut to about Rs 110 per litre, coming into effect from July 1. The latest price cut is expected to lower operating costs for domestic carriers, although the actual benefit will depend on individual airlines’ fuel procurement and hedging strategies. The reduction follows a softening in global crude oil prices in recent weeks as geopolitical tensions in West Asia eased and concerns over supply disruptions subsided, providing relief to airlines for which fuel is the single-largest operating expense. Earlier in June, the government had fixed the basic price of aviation turbine fuel (ATF) for domestic airlines at Rs 86.32 per litre for up to three years under the new price stabilisation scheme to keep airlines financially viable and passenger tickets affordable. Under the voluntary …

ATF price cut by ₹5/litre to ₹110 on softer global oil prices

ATF price cut by ₹5/litre to ₹110 on softer global oil prices

Published by Parlour News

This is the first reduction since the West Asia crisis led to a spike in jet fuel rates to a record high. File image for representation only. | Photo Credit: Reuters Jet fuel or ATF price was cut by ₹5 per litre on Wednesday (July 1, 2026) on softening international oil prices. Aviation turbine fuel (ATF) now costs ₹110 a litre in Delhi, industry sources said. This is the first reduction since the West Asia crisis led to a spike in jet fuel rates to a record high. Published – July 01, 2026 11:21 am IST 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

Jet fuel price slashed by ₹5 amid softening international oil rates

Jet fuel price slashed by ₹5 amid softening international oil rates

Published by Parlour News

Price for Aviation turbine fuel (ATF) or jet fuel was reportedly cut by ₹5 per litre on Wednesday, a development that comes amid softening international oil prices due to the pause in fighting in West Asia. Aviation turbine fuel (ATF) now costs ₹110 a litre in Delhi, industry sources said. (Shuttershock/representative) Aviation turbine fuel (ATF) now costs ₹110 a litre in Delhi, PTI news agency reported, citing industry sources. This is the first reduction since the West Asia crisis led to a spike in jet fuel rates to a record high and comes amid easing of tensions in the region that was rocked by missile-drone exchange between US-Israel and Iran. The fire exchange brought to a halt movement of vessels in Strait of Hormuz, key waterway through which a fifth of world’s oil and gas requirements travelled before the US-Iran war. Amid severe energy supply disruptions caused by the conflict in the oil-rich Gulf region, ATF prices initially surged on April 1, with Indian Oil Corporation displaying a Delhi rate of ₹2,07,341.22 per kilolitre, up …

Centre revises export levies on petrol, diesel and ATF from June 1, domestic fuel prices unchanged

Centre revises export levies on petrol, diesel and ATF from June 1, domestic fuel prices unchanged

Published by Webster

While export duties have been changed, excise duties on fuel sold in the domestic market remain unchanged. The revision is based on recent international crude oil prices and aims to ensure adequate domestic fuel availability amid global market fluctuations 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

ATF hiked 5 per cent for international airlines; domestic rates unchanged

ATF hiked 5 per cent for international airlines; domestic rates unchanged

Published by Webster

There has been no change in ATF prices for domestic airlines. ATF rates for international carriers were increased by USD 76.55 per kilolitre (kl), or 5.33 per cent, to USD 1,511.86 per kl in Delhi, home to India’s busiest airport, according to state-owned oil companies 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

Commercial LPG gets dearer for third time since March; domestic cylinder, petrol, ATF prices unchanged

Commercial LPG gets dearer for third time since March; domestic cylinder, petrol, ATF prices unchanged

Published by Webster

Commercial LPG cylinder prices have been hiked by Rs 993, taking the cost of a 19-kg cylinder to Rs 3,071.5 in Delhi, marking the third increase since March. However, there has been no change in domestic LPG rates, offering relief to over 33 crore household consumers 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

Airlines seek ATF price relief; say industry on verge of `stopping operations`

Airlines seek ATF price relief; say industry on verge of `stopping operations`

Published by Webster

Major Indian carriers, including Air India, IndiGo and SpiceJet, have warned the government that the aviation sector is under extreme financial stress and may be “on the verge of stopping operations” without urgent intervention. The concerns were raised in a letter to the civil aviation ministry by the Federation of Indian Airlines (FIA), which represents the three airlines. According to the PTI, the airlines said the ongoing turmoil in West Asia has pushed up global oil prices, while airspace restrictions have increased operating costs, particularly on long-haul routes. Aviation Turbine Fuel (ATF), which accounts for nearly 40 per cent of airline operating costs, has become significantly more expensive. The FIA has urged the government to introduce a uniform fuel pricing mechanism for both domestic and international operations, similar to the earlier “crack band” system. The federation said the widening gap between crude oil and ATF prices is making airline operations financially unsustainable, with airlines facing mounting losses, the news agency reported. Warning of flight disruptions The airlines warned that any further ad hoc changes in …

Government hikes export duty on diesel to Rs 55.5 per litre and ATF to Rs 42

Government hikes export duty on diesel to Rs 55.5 per litre and ATF to Rs 42

Published by Webster

The government on Saturday hiked export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel ATF to Rs 42 a litre. The duty hikes would be applicable with immediate effect, the finance ministry said in a notification. The government had, on March 26, imposed an export duty of Rs 21.50 a litre on diesel, and Rs 29.5 per litre on Aviation Turbine Fuel (ATF). The duties were levied to increase domestic availability of the fuel amid the war in West Asia. They were also aimed at not allowing exporters to take undue advantage due to price differences, as globally crude oil prices had risen since the beginning of the war. On February 28, the United States and Israel launched military strikes against Iran, triggering sweeping retaliation from Tehran. On April 8, Iran, the United States and Israel agreed on a two-week ceasefire in the war that tore across the Middle East and disrupted the global energy market.Export duty on petrol continues to remain nil. This story has been sourced …

Govt caps ATF hike to prevent surge in domestic airfares, shields flyers

Govt caps ATF hike to prevent surge in domestic airfares, shields flyers

Published by Webster

The government on Wednesday said that domestic airfares are unlikely to see a sharp rise as it has cushioned the impact of a steep surge in aviation turbine fuel (ATF) prices by allowing only a partial increase for domestic airlines.  According to the Ministry of Petroleum and Natural Gas (MoPNG), ATF prices in India deregulated since 2001 are revised monthly based on international benchmarks. Given the current geopolitical situation, ATF prices for domestic markets were expected to rise by more than 100 per cent from April 1. However, in a bid to shield domestic air travel costs from a steep spike, public sector oil marketing companies (OMCs), in consultation with the Ministry of Civil Aviation, have implemented only a partial and staggered increase. Domestic airlines will face a limited hike of around 25 per cent, translating to approximately Rs 15 per litre, instead of the full pass-through of global price increases, the government said. In contrast, airlines operating on international routes will bear the full increase in ATF prices, in line with global market-linked pricing. …