BP gets approval to sell jet fuel to airlines in India

After nearly two years of wrangling, BP plc has won an 'in-principle' approval to retail aviation turbine fuel (ATF) to airlines in India.

Non-subsidised LPG price hiked by Rs 49.5 per cylinder

Non-subsidised LPG price hiked by Rs 49.5 per cylinder

The oil firms raised prices of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, by Rs 49.5 per 14.2-kg bottle.

Price of non-subsidised LPG hiked by Rs 61.5 per cylinder

Price of non-subsidised LPG hiked by Rs 61.5 per cylinder

Jet fuel or ATF price was cut on Tuesday by a marginal 1.2 percent, the third reduction in as many months, while rate of non-subsidised cooking gas (LPG) was hiked by Rs 61.50 a cylinder due to global cues.

Non-subsidised LPG rate hiked by Rs 27.50 per cylinder

Non-subsidised LPG rate hiked by Rs 27.50 per cylinder

The hike in rate comes on back of four straight monthly reduction. Non-subsidised LPG price was last cut on October 1 by Rs 42 to Rs 517.50 in Delhi.

Jet Airways Q2 profit climbs to Rs 88 cr on lower fuel costs

Jet Airways Q2 profit climbs to Rs 88 cr on lower fuel costs

Jet Airways Wednesday reported 25 percent jump in net profit at Rs 87.59 crore in the second quarter of this fiscal, ended September 30, boosted by low aviation turbine fuel prices and high passenger traffic.

ATF price hiked by 5.5%; non-subsidised LPG cut by Rs 42

ATF price hiked by 5.5%; non-subsidised LPG cut by Rs 42

ATF or jet fuel price was Thursday hiked by 5.5 percent on global trends while rates of non-subsidised cooking gas LPG were cut by Rs 42 per cylinder.

 

Fuel tanker overturns inside Kerala airport, spills ATF

A tanker carrying aviation fuel overturned here spilling the ATF inside the airport premises on Wednesday, triggering panic.

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".

Aviation minister bats for lower taxes to boost sector

Pitching for lower taxes to boost civil aviation, Union Minister Ashok Gajapathi Raju Sunday said states which responded positively to the Centre's request in this regard have witnessed a spurt in the sector.

Hard landing for aviation stocks after hike in ATF price

Aviation stocks witnessed huge selling pressure today and ended with over 3 percent losses after jet fuel price was hiked by a steep 8.2 percent.

Aviation stocks slide up to 5.5% on hike in ATF price

Aviation stocks witnessed massive selling pressure today and fell up to 5.5 percent after jet fuel price was hiked by a steep 8.2 percent.

ATF price hiked by 8.2%; non-subsidised LPG to cost Rs 5 more

Jet fuel price was Sunday hiked by a steep 8.2 percent while the rates of non-subsidised LPG was increased by Rs 5 per cylinder on firming international oil rates.

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.

It is govt of 'pickpockets', says Congress

Congress on Monday dubbed the Narendra Modi dispensation as "government of pickpockets", saying the benefits of unprecedented fall in global crude prices were not been passed on to the common man.

Jet fuel rates cut sharply by 12.5%

Jet fuel (ATF) rates were Thursday slashed by a steep 12.5 percent, the sixth straight reduction in prices since August, as international oil prices slumped to five-year low levels.

Jet Airways, SpiceJet gain on ATF price cut

Shares of airline operators like SpiceJet and Jet Airways gained as much as six percent in morning trade Wednesday after prices of jet fuel (ATF) were cut by a steep three percent.

Non-subsidised LPG cylinder price cut by Rs 21; ATF 3%

Price of non-subsidised cooking gas (LPG) was Tuesday cut by Rs 21 per cylinder and that of jet fuel (ATF) by a steep 3 percent on the back of falling international oil rates.

Jet fuel price cut by 3%

The price of aviation turbine fuel (ATF), or jet fuel, in Delhi was reduced by three percent to Rs 67,525.63 per kl with effect from midnight tonight