All posts tagged: aviation turbine fuel

Cabinet clears ₹10,000-cr fund to shield airlines, offset jet fuel price swings

Cabinet clears ₹10,000-cr fund to shield airlines, offset jet fuel price swings

Published by Parlour News

The Union cabinet has approved a ₹10,000 crore fund to shield airlines from volatility in the price of jet fuel even as it offsets losses that fuel sellers incur. The announcement comes at a time when the aviation sector has been impacted by unprecedented volatility in global ATF prices due to the West Asia crisis. (Bloomberg) The one-time budgetary support of ₹10,000 crore will allow Oil Marketing Companies (OMCs) to provide Aviation Turbine Fuel (ATF) at stable prices to Indian airlines for both domestic and international operations. “The budgetary support will be in the form of interest-free advances to OMCs through the demands for grants of the Ministry of Petroleum and Natural Gas (MoPNG). The support will be provided to OMCs to facilitate stable ATF pricing for airlines during the ongoing period of exceptional fuel price volatility arising from the West Asia crisis,” the government said. An IndiGo spokesperson said, “We are grateful to the Government of India, Ministry of Civil Aviation, Ministry of Petroleum and Natural Gas and the concerned authorities for announcing Aviation …

Centre revises export duties on petrol, diesel and aviation turbine fuel from June 1. Check revised prices

Centre revises export duties on petrol, diesel and aviation turbine fuel from June 1. Check revised prices

Published by Parlour News

The government on Saturday revised the export duty on petrol, diesel and aviation turbine fuel (ATF) from June 1 as part of its periodic assessment to check fuel prices over constrained energy supply. The government has revised the export duty on petrol, diesel and ATF. (ANI/Representational) The export duties were introduced in March to ensure domestic availability of petroleum products amid the ongoing West Asia crisis. In the latest notification issued by the Ministry of Finance, the duty on exports has been revised at ₹1.5 per litre for petrol, ₹13.5 per litre on diesel and ₹9.5 per litre on ATF. Also Read: Did petrol, diesel prices rise on May 30? Check latest fuel rates in Delhi, Mumbai, Hyderabad The rates on export duty has been revised on a fortnightly basis and are based on the average international prices of crude oil. “The rates for the next fortnight beginning 1st June, 2026, have been notified by the Central Government today. Consequently, the rate of duty will be ₹1.5 per litre (SAED- ₹1.5; RIC- Nil) on exports …

IndiGo announces hike in fuel charges, airfare to get costlier| India News

IndiGo announces hike in fuel charges, airfare to get costlier| India News

Published by Parlour News

Airline carrier IndiGo has announced a hike in the airfare prices after the government raised the prices on aviation turbine fuel (ATF). The revised fuel charges varied as per the distance, the lowest being ₹275 for less than 500 kilometres to ₹950 for above 2,000 kilometres. IndiGo has announced a hike in fuel charges. (Vipin Kumar/ Hindustan Times/ Representational) While the fuel charges range between ₹275 to 950 for domestic flights, it vary from ₹900 to ₹10,000 for international flights. The highest change in fuel price was for destinations in UK and Europe, except for Greece and Turkey, with fresh cost being ₹10,000. IndiGo said that the new fare will be applicable on bookings made after 1 am on Thursday. The move comes after the petroleum ministry said the aviation turbine fuel (ATF) prices were hiked by 25% on Wednesday. “IndiGo has also re-calibrated its domestic Fuel Charge to vary by different travel distances. All domestic bookings made from 0001 hrs on 02 April 2026 will include the following revised fuel charges per sector,” IndiGo …

Akasa Air Joins Air India, IndiGo, Adds Rs 199–1,300 Surcharge On Flights Amid West Asia | India News

Akasa Air Joins Air India, IndiGo, Adds Rs 199–1,300 Surcharge On Flights Amid West Asia | India News

Published by Webster

Last Updated:March 14, 2026, 14:51 IST Akasa Air will add fuel surcharges of Rs 199 to Rs 1,300 on flights from March 15 due to rising jet fuel prices from the West Asia conflict. Akasa Air Hikes Flight Ticket Prices From March 15. (Photo Credit: X) Akasa Air has announced that it will implement fuel surcharges ranging from Rs 199 to Rs 1,300 on both domestic and international flight tickets starting from March 15. This decision comes in response to the rising jet fuel prices triggered by the conflict in West Asia. Other airlines, including Air India, Air India Express, and IndiGo, have also introduced similar charges on their flight tickets. In a statement released on Saturday, Akasa Air detailed that the fuel surcharge will be applied to each flight, with the amount varying depending on the flight’s duration. “Akasa Air will introduce a fuel surcharge ranging from INR 199 to INR 1300 on our domestic and international routes, for all bookings made from 00:01 hrs on March 15, 2026,” the statement said. The airline …