Naresh Goyal pitches for reducing aviation fuel prices

After meeting senior Civil Aviation Ministry officials, Goyal expressed satisfaction over the steps initiated by Prime Minister Narendra Modi-led government to boost the economy

No racial motivation seen in US church fires: ATF

Fires at six African-American churches in the southern United States do not appear to be linked or racially motivated, the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) said Thursday.

OilMin wants BP to furnish bank guarantee for ATF licence

The Oil Ministry wants UK's BP plc to furnish a bank guarantee and an undertaking that it will meet the minimum investment requirement for getting a licence to retail jet fuel (ATF) to airlines in India.

Parliamentary panel seeks regulation of airfares

With airfares witnessing sharp fluctuations, a Parliamentary panel Tuesday pitched for regulation of air ticket prices to ensure that they remain within a "reasonable range".

Govt rejects BP's application for selling ATF

BP Exploration (Alpha) Ltd, a wholly owned subsidiary of BP plc, had on June 11, 2014 submitted an application for authorisation to market aviation turbine fuel (ATF) claiming to have invested USD 477 million in the country.

Domestic carriers' financial health a concern: Govt

The government Tuesday expressed concern over the financial health of domestic airlines but ruled out plans of extending financial package to budget carriers.

ATF costs less than petrol, diesel: Dharmendra Pradhan
ATF costs less than petrol, diesel: Dharmendra Pradhan

While jet fuel (ATF) in Delhi costs Rs 46,513.03 per kilolitre or Rs 46.51 per litre, petrol is priced at Rs 57.31 a litre. Diesel costs Rs 46.62 a litre.

Petrol costs more than jet fuel (ATF) in India!

A litre of petrol in Delhi costs Rs 58.91 per litre. On the other hand, Aviation Turbine Fuel (ATF), which has a higher octane than petrol and is a heavier fraction in the distillation process, is priced at Rs 52.42 a litre.

Indo-Nepal oil pipeline stuck over duration of agreement

Five months after India agreed to lay a pipeline from Bihar to Kathmandu for supply of petrol, diesel and ATF, the project is stuck over differences on the tenure of fuel supply.

Cut in jet fuel price, much-needed: SpiceJet

Beleaguered carrier SpiceJet on Thursday said the 12.5 percent cut in jet fuel prices is much-needed relief and will help the companies in reducing their overall cost of operations.

Jet Airways, SpiceJet gain up to 9% on ATF rate cut

Shares of Jet Airways and SpiceJet surged as much as 9 percent on Thursday after jet fuel (ATF) rates were slashed by a steep 12.5 percent.

LPG rate cut by Rs 113, jet fuel prices by 4.1%

A 14.2-kg cylinder of non-subsidised LPG will now cost Rs 752, down from Rs 865 previously, in Delhi, oil companies announced on Monday.

Jet fuel prices slashed by 7.3%

The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was cut by Rs 4,987.7 per kilolitre, or 7.3 per cent, to Rs 62,537.93 per kl, oil companies announced today.

Andhra government reduces tax on ATF

In a bid to give a fillip to the aviation sector, the Andhra Pradesh government has reduced Value Added Tax on Aviation Turbine Fuel (ATF) to just one per cent from the existing 16 percent.

Airlines need to discuss high taxes on ATF with govt: AirAsia

Stating that higher taxes on aviation turbine fuel should be brought down to boost the country's aviation sector, no-frill carrier AirAsia India Tuesday asked all airlines to have a discussion with the government on this issue.

Had asked states to cut jet fuel tax: Ashok Gajapathi Raju

Raju was speaking at a news conference following the announcement that state-owned Air India had joined the Star Alliance group of carriers.

Tanker carrying ATF catches fire after collision

A tanker carrying highly inflammable air turbojet fuel from Sabarmati in Gujarat to Pune caught fire after a head-on collision with a container at Lavhati junction on the Vinchur-Prakasha road.

SpiceJet posts Rs 171 cr loss in Q3 on forex loss, ATF spike

Hit by forex losses and high fuel costs, budget carrier SpiceJet Friday reported Rs 171-crore loss for the quarter to December, as against a profit of Rs 102 crore in the year ago quarter.

BP seeks licence to sell jet fuel in India

BP Plc, Europe's second-largest oil company, has applied for licence to retail jet fuel or ATF at airports in India, Oil Secretary Vivek Rae said Wednesday.

ATF prices cut by about 3%

Jet fuel or ATF prices have been cut by about 3 percent on softening international oil rates, the first reduction in two months.