OilMin wants BP to furnish bank guarantee for ATF licence

Last Updated: Sunday, May 3, 2015, 13:36

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

Last Updated: Tuesday, April 28, 2015, 18:53

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

Last Updated: Sunday, April 12, 2015, 18:49

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

Last Updated: Monday, March 2, 2015, 18:02

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

Last Updated: Monday, March 2, 2015, 13:12

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

Last Updated: Sunday, March 1, 2015, 16:28

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

Last Updated: Wednesday, February 25, 2015, 17:51

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!

Last Updated: Wednesday, January 21, 2015, 18:35

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.

Jet fuel rates cut sharply by 12.5%

Last Updated: Thursday, January 1, 2015, 15:06

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.

ATF price hiked by over 2.7%

Last Updated: Wednesday, January 1, 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.