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Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

Jet fuel price hiked by 6 per cent; LPG costlier by Rs 1.50 a cylinder

The hike in LPG price comes on the back of over Rs 7 per cylinder increase effected from September 1.

1 Oct 2017 4:00 PM IST

ATF accounts for a substantial chunk of the operational expenses incurred by airlines.(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 IST

A source said that all airlines were intimated on the development a long time back and no flights will be scheduled during the affected time period. (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.

2 Oct 2018 2:15 PM IST

The GST Council could consider bringing natural gas within the purview of Goods and Services Tax in its next meeting, an official said on Friday.

GST Council to drop natural gas, jet fuel from agenda in next meeting

The all-powerful GST Council is set for a meeting on Saturday.

19 July 2018 4:14 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

States reluctant to include fuel, liquor

Liquor, LPG, natural gas, aviation turbine fuel (ATF), petrol and diesel are exempt from GST.

1 July 2018 6:50 AM IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

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 IST

On the domestic front, Air India is introducing new flights on BhopalPuneBhopal route and Varanasi-Chennai-Varanasi from June 5, 2019.

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...

15 Oct 2019 4:44 PM IST

Civil Aviation Authority of the Philippines has sent a team from its Flight Safety and Inspectorate Service to the crash site for further investigation. (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.

1 Jan 2019 2:42 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

ATF under GST will ensure level playing field for domestic airlines:...

Airlines could expect an annual relief of up to Rs 5,000 crore by way of input tax credit if ATF is brought under GST.

7 April 2019 2:23 PM IST

SpiceJets Chairman and Managing Director Ajay Singh. (Photo: ANi)

Jet failure a 'wake up call'; part of blame at doorstep of...

SpiceJet plans to hire up to 2,000 staff of Jet Airways, including pilots and cabin crew. It has already taken 1,100.

4 Jun 2019 11:40 AM IST

The transport industry involved in LPG products has been badly affected by demonetisation.

ATF price cut by 5.8 pc; subsidised LPG by Rs 3

Reduction in Aviation Turbine Fuel rates will bring relief to cash strapped airlines.

1 July 2019 3:00 PM IST

Reliance Industries Limited

BP to pay Rs 7,000 cr for 49 pc stake in Reliance's fuel retail...

Last week, the two firms had announced a new joint venture to set up petrol pumps and retail aviation turbine fuel in...

12 Aug 2019 12:12 PM IST