Higher ATF prices, Rupee depreciation likely to pose threat to domestic carriers’ recovery: Report

Higher ATF prices, Rupee depreciation likely to pose threat to domestic carriers’ recovery: Report

“In India, ATF accounts for around 45% of the operational cost of an airline. Besides, as much as 35-50% of the airlines’ operating expenses are U. S. dollar driven,” as per ICRA. “In India, ATF accounts for around 45% of the operational cost of an airline. Besides, as much as 35-50% of the airlines’ operating […]

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Govt to review new taxes levied on crude, diesel, ATF every fortnight, says Nirmala Sitharaman

Govt to review new taxes levied on crude, diesel, ATF every fortnight, says Nirmala Sitharaman

A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1. A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1. Finance Minister Nirmala Sitharaman on […]

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