Tag: aviation turbine fuel price

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

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“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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‘No choice’ but to raise airfares, says SpiceJet CMD

‘No choice’ but to raise airfares, says SpiceJet CMD

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Airlines had “no choice” but to raise airfares because of the increasing prices of aviation turbine fuel (ATF), SpiceJet CMD Ajay Singh said. “The sharp increase in jet fuel prices and the depreciation of the rupee have left domestic airlines with little choice but to immediately raise fares, and we believe that a minimum 10-15% […]

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