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Non-subsidised LPG price cut by Rs 23.50, Jet fuel by 1.8%

Last Updated: Monday, June 02, 2014, 18:27

Jet fuel prices have been cut by 1.8 percent and rates of non-subsidised cooking gas (LPG) by Rs 23.50 per cylinder after the rupee's appreciation lowered import costs.

Centre mulls building 200 low-cost airports in two decades

Last Updated: Monday, March 10, 2014, 17:25

With smaller cities set to lead the air traffic growth in the country, the Centre is planning to build nearly 200 low-cost airports in the next 20 years to expand connectivity to Tier-II and Tier-III cities, a senior aviation official said Monday.

Non-subsidised LPG rate cut by Rs 53, ATF price hiked by 1%

Last Updated: Sunday, March 02, 2014, 11:49

Jet fuel or ATF price has been hiked by a marginal 1 percent while rates of non-subsidised cooking gas (LPG) have been cut by Rs 53.5 per cylinder reflecting global trends.

BP seeks licence to sell jet fuel in India

Last Updated: Wednesday, February 05, 2014, 19:47

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%

Last Updated: Monday, February 03, 2014, 21:37

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

ATF price hiked by over 2.7%

Last Updated: Wednesday, January 01, 2014, 18:28

Aviation Turbine Fuel, or ATF, price at Delhi was hiked by Rs 2,036.59 per kilolitre, or 2.74 percent, to Rs 76,241.33 per kl.

Air India hedges 10,000 barrels of jet fuel for its aircraft

Last Updated: Wednesday, October 16, 2013, 17:26

In a bid to slash costs, Air India has hedged 10,000 barrels of jet fuel for its aircraft this month, four weeks after its Board gave a nod to the move.

Govt asks states to slash VAT on jet fuel to 4%

Last Updated: Tuesday, September 10, 2013, 15:24

Currently, VAT on jet fuel ranges from 4 to 30 percent.

ATF price hiked by steep 5.8%

Last Updated: Sunday, June 30, 2013, 21:44

Jet fuel (ATF) prices were Sunday hiked by a steep 5.8 percent, the second consecutive increase since June, as rupee depreciation made imports costlier.

Hoping to bring down jet fuel prices, fares: Civil Aviation Minister

Last Updated: Sunday, June 30, 2013, 17:37

After effecting a string of reforms to help the ailing Indian civil aviation sector, Civil Aviation Minister Ajit Singh has said he is hopeful that high jet fuel cost and passenger fares will come down as and when government places aviation turbine fuel (ATF) on the notified product list, which will cut down upon the state sales tax levied on the fuel.

Jet fuel prices cut by a steep 5.3%

Last Updated: Wednesday, May 01, 2013, 19:10

Aviation Turbine Fuel, or ATF, price at Delhi was cut by Rs 3,545.94 per kilolitre (kl), or 5.35 percent, to Rs 62,649.95 per kl, according to Indian Oil Corp, the nation's largest fuel retailer.

ATF price cut by 5.5%

Last Updated: Monday, April 01, 2013, 13:07

Jet fuel (ATF) prices were Monday cut by a steep 5.5 percent, reversing the rising trend of past two months.