All posts tagged: Jet

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 …

NCLAT upholds PF, gratuity dues for Jet Airways employees, rejects SBI appeal

NCLAT upholds PF, gratuity dues for Jet Airways employees, rejects SBI appeal

Published by Parlour News

Image used for representational purposes only. | Photo Credit: PTI In a significant relief for thousands of former Jet Airways employees, the National Company Law Appellate Tribunal (NCLAT) on Tuesday (June 30, 2026) upheld an NCLT order directing the airline’s liquidator to pay provident fund (PF) and gratuity dues to workmen and employees in full, dismissing appeals filed by the State Bank of India (SBI) and seven other financial creditors. The NCLAT also rejected the plea by the banks that payment of provident fund, gratuity and pension fund dues be part of the liquidation estate, where they would be subjected to competing claims from various creditors under the Insolvency and Bankruptcy Code’s (IBC) distribution mechanism. SBI and other banks had claimed that such an exclusion was contingent on the existence of a fund for PF and gratuity at the beginning of the liquidation which was not the case, but this premise was rejected by the NCLAT.  While upholding the NCLT’s February 4 order on PF and gratuity dues, the appellate tribunal also ordered that May …

Lagaan was shot in extreme weather, amid injuries and jet interruptions, says Yashpal Sharma | Bollywood News

Lagaan was shot in extreme weather, amid injuries and jet interruptions, says Yashpal Sharma | Bollywood News

Published by Webster

25 years ago, Aamir Khan and Ashutosh Gowariker joined forces for Lagaan, a film that faced numerous challenges during its making but ultimately went on to become a landmark in Indian cinema. To mark the film’s silver jubilee, Aamir recently hosted a special screening, bringing the cast and crew together to relive some of their fondest memories. On the occasion, SCREEN spoke to Yashpal Sharma, who played Lakha in the film. Looking back on his journey with Lagaan, the actor recalled being cast within 20 minutes of his audition and opened up about the many challenges the team faced during the shoot. Yashpal Sharma on the success of Lagaan Talking about the success of Lagaan, Yashpal Sharma said, “Lagaan’s success is historic. Back then, all films based on cricket were flopping; Lagaan broke that spell. Another benchmark it set was how you could make a hit film with teamwork. Everyone was a hero in Lagaan. It got nominated for the Oscars too. When we met to celebrate the film’s 25 years recently, we saw the film …

Jet fuel costs jump 10 per cent, reach Rs 114.5 per litre in Mumbai

Jet fuel costs jump 10 per cent, reach Rs 114.5 per litre in Mumbai

Published by Webster

Aviation turbine fuel (ATF) prices were raised by around 10 per cent on Tuesday as state-owned oil marketing companies introduced a price stabilisation regime offering domestic airlines a fixed fuel rate for up to three years, in a move aimed at cushioning carriers and passengers from sharp swings in global oil prices. Jet fuel for domestic airlines will now cost Rs 115 per litre, up from Rs 104.927, industry sources told news agency PTI. Under the new framework, the rate will be locked in for up to three years for airlines that choose to opt into the government-backed price stabilisation scheme. Airlines that do not participate in the scheme will continue to pay market-linked prices, currently around Rs 142 per litre, similar to international carriers. Those opting in will receive ATF at Rs 115 per litre, insulating them from fluctuations in global benchmarks. However, while participating airlines will be protected from price spikes, they will also miss out on potential gains when global rates fall. Sources said the scheme is voluntary and airlines will have …

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 …

Iran says downed US drone, fired at fighter jet after fresh strikes escalate tensions

Iran says downed US drone, fired at fighter jet after fresh strikes escalate tensions

Published by Parlour News

Iran’s Revolutionary Guard Corps (IRGC) said on Tuesday that it reserved the “legitimate and definite” right to retaliate against any ceasefire violations by the United States, adding that its air defence units had shot down a US MQ-9 drone. US and Iran is working towards a peace agreement. (AFP) According to the reports in Iranian media quoted by Reuters, the IRGC also claimed to have fired at a fighter jet that had entered Iranian airspace. Iran’s Supreme Leader, Mojtaba Khamenei, also released a statement on Tuesday, saying that regional countries would no longer be shields for US bases. He said it in a written statement carried by state television. “What is certain in this regard is that the hands of time will not turn backwards, and the nations and lands of the region will no longer serve as shields for American bases,” said Khamenei, who has not appeared in public since he took office in March, in a message marking the Eid al-Adha holiday. He said the United States was losing influence in the region, …

NATO jet shoots down suspected Ukrainian drone over Estonia

NATO jet shoots down suspected Ukrainian drone over Estonia

Published by Parlour News

1 min readMay 19, 2026 07:53 PM IST A NATO military jet on Tuesday shot down a drone of apparent Ukrainian origin after it violated Estonian airspace, the Baltic country’s Defence Minister Hanno Pevkur told news website Delfi. The incident is the latest in a series of airspace violations involving drones in countries bordering Russia. According to a Reuters report, several Ukrainian military drones have recently strayed into the airspace of NATO member states Finland, Latvia, Lithuania and Estonia. The issue has triggered political fallout in the region, with Latvia’s government resigning last week over criticism of its handling of repeated drone incursions, Reuters reported. NATO did not immediately respond to Reuters’ request for comment. Expand The Express Global Desk at indianexpress.com which delivers authoritative, verified, and context-driven coverage of key international developments shaping global politics, policy, and migration trends. The desk focuses on stories with direct relevance for Indian and global audiences, combining breaking news with in-depth explainers and analysis. A major focus area of the desk is US immigration and visa policy, …

8 South Movies Releasing in Theaters This Week: Sathya’s Jet Lee, Shane Nigam’s Dridam to Rathna Kumar’s 29

8 South Movies Releasing in Theaters This Week: Sathya’s Jet Lee, Shane Nigam’s Dridam to Rathna Kumar’s 29

Published by Parlour News

South Indian cinema has an exciting slate of films lined up for theatrical release this week. If you’re wondering what to watch, here’s a list of upcoming releases. 8 South Films to watch in theaters this week 1. Jet Lee Cast: Sathya, Rhea Singha, Vennela Kishore, Viva Harsha, Kabir Duhan Singh Director: Ritesh Rana Genre: Action Comedy Runtime: 2 hours and 12 minutes Language: Telugu Release Date: May 8, 2026 Jet Lee follows a passenger flight carrying fugitive billionaire Prajapathi that spirals into chaos when mercenaries and covert agents clash mid-air. Amid the turmoil, special agent Shivani Roy fights for control, while a mysterious man awakens in the aircraft’s bathroom with no memory and a deadly secret hidden within him. 2. Godari Gattupaina Cast: Sumanth Prabhas, Nidhi Pradeep, Jagapati Babu, Sudharshan, Raj Kumar Kasireddy, Viva Raghava Director: Subash Chandra Genre: Romantic Comedy Runtime: 2 hours and 25 minutes Language: Telugu Release Date: May 8, 2026 Set in the picturesque villages of Godavari, Godari Gattupaina follows a kind-hearted auto driver and a spirited college girl who …

Samay Raina’s ‘remote control jet’ joke on Badshah goes viral from Thailand trip

Samay Raina’s ‘remote control jet’ joke on Badshah goes viral from Thailand trip

Published by Webster

Stand-up comedian Samay Raina has once again grabbed attention on social media, this time for his sharp and dark humour during a trip with rapper Badshah. A video from their journey to Thailand has gone viral, showing Raina joking about Badshah’s private jet in his signature edgy style. Samay Raina takes a dig at Badshah In the clip, Raina can be seen teasing the luxurious aircraft, sarcastically referring to it as a “remote control” plane. Taking the joke further, he made a dark remark suggesting that “his favourite artists had died in similar planes,” leaving those around him momentarily stunned. The unexpected punchline, delivered in his usual deadpan tone, caught Badshah off guard, creating an awkward yet humorous moment that has since amused viewers online.  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 for international airlines hiked 5.3%, fares under pressure

Jet fuel price for international airlines hiked 5.3%, fares under pressure

Published by Parlour News

State-run oil companies raised jet fuel prices for international airlines by 5.33% on Friday, the second hike since April 1, even as domestic airline fares came under pressure from the cumulative impact of rising fuel costs and airspace disruptions. Second Aviation Turbine Fuel (ATF) hike since April raises cost pressures on airlines (Shutterstock/ Representative photo) Aviation turbine fuel prices for international carriers were raised by $76.55 per kilolitre to $1,511.86 per KL in Delhi, home to India’s busiest airport. There was no change in Aviation Turbine Fuel (ATF) prices for domestic airlines. On April 1, the government said it had limited the domestic ATF increase to 25%, to ₹1,04,927 per KL, to shield passengers from a steeper fare shock. International operations bore the full market-linked increase. Also Read: Pilots’ body writes to DGCA over continued FDTL relaxations, cites safety risks Earlier this week, the Federation of Indian Airlines, representing Air India, IndiGo and SpiceJet, warned the civil aviation ministry of flight cancellations in a letter saying airlines were on the verge of “stopping operations.” The …