Air India yet to decide on direct ATF import: Ajit SinghAugust 28th, 2012 - 9:40 pm ICT by IANS
New Delhi, Aug 28 (IANS) Air India has not yet decided about importing Air Turbine Fuel (ATF) directly, Civil Aviation Minister Ajit Singh said Tuesday.
The minister said this in a written reply in the Rajya Sabha on being asked whether Air India is going to save Rs.300 crore by direct import of the jet fuel.
ATF now sold in the country is nearly 50-60 percent costlier than the price in overseas markets like Bangkok, Singapore or Dubai as an additional 3-30 percent state sales tax are added to the original value of the fuel which is supplied by three state- owned oil marketing companies (OMCs). By importing directly, the airlines would save on fuel costs.
Five domestic airlines - Air India, Kingfisher, SpiceJet, Indigo and Go Airlines - have got permission to import ATF directly.
- Air India to import jet fuel directly - Jun 07, 2012
- SpiceJet allowed to directly import ATF - Apr 18, 2012
- Oil firms increase jet fuel price by 3.70 percent - Nov 30, 2011
- Oil firms cut jet fuel prices by 1.38 percent (Lead) - Dec 15, 2011
- Government rolls out plan to help domestic airlines (Roundup) - Feb 07, 2012
- Aviation stocks rally after direct jet fuel import allowed - Feb 07, 2012
- Declare jet fuel a notified product to bring down prices: Ajit Singh - Sep 10, 2012
- High taxes reason behind rising jet fuel: Ravi - Nov 30, 2011
- FDI in aviation may give flight to domestic airlines - Jan 22, 2012
- Airlines should tie-up with suppliers to import jet fuel - Feb 16, 2012
- Government notifies direct fuel import by airlines - Feb 22, 2012
- Jet fuel price cut by Rs.1,974 a kilolitre - Jan 31, 2012
- Government approves direct jet fuel import, Air India debt plan (Lead) - Feb 07, 2012
- Jet fuel price cut by Rs.622 a kilolitre - Dec 31, 2011
- PM holds discussions with private airline chiefs - Nov 26, 2011
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