turbine fuel

Declare jet fuel a notified product to bring down prices: Ajit Singh


September 10th, 2012 - 3:00 pm ICT by IANS
New Delhi, Sep 10 (IANS) Civil Aviation Minister Ajit Singh Monday said he has urged the petroleum ministry to put aviation turbine fuel (ATF) on the notified product list ... Read more...

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Air India yet to decide on direct ATF import: Ajit Singh


August 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 ... Read more...

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Jet fuel price hiked by 3.2 percent


August 16th, 2012 - 4:29 pm ICT by IANS
New Delhi, August 16 (IANS) Jet fuel or aviation turbine fuel (ATF) price was hiked Thursday by over 3.2 percent, according to the Indian Oil Corporation (IOC).Jet fuel constitutes over ... Read more...

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Jet fuel price hiked by 4.5 percent


August 1st, 2012 - 5:50 pm ICT by IANS
New Delhi, August 1 (IANS) Oil marketing companies (OMC) Wednesday hiked aviation turbine fuel (ATF) or jet fuel price by 4.5 percent for the second time in a month. According ... Read more...

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Air India’s staff strength to be right-sized: Ajit Singh


July 17th, 2012 - 11:23 pm ICT by IANS
Bangalore, July 17 (IANS) Some wings of national carrier Air India would soon be hived off to right-size its staff strength and monetise its assets for an early turn-around, Civil ... Read more...

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Civil Aviation Authority to replace regulator DGCA: Ajit Singh


July 17th, 2012 - 8:48 pm ICT by IANS
Bangalore, July 17 (IANS) Aviation regulator Directorate General of Civil Aviation (DGCA) would soon be replaced with a Civil Aviation Authority (CAA) to regulate the troubled sector, which has been ... Read more...

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Akhilesh promises a new Agra


June 19th, 2012 - 2:44 pm ICT by IANS
Agra, June 19 (IANS) After a series of interactive sessions, Uttar Pradesh Chief Minister Akhilesh Yadav has given his nod for a slew of projects that will change the profile ... Read more...

Posted in Politics |

Air India to import jet fuel directly


June 7th, 2012 - 9:02 pm ICT by IANS
New Delhi, June 7 (IANS) Air India wants to directly import jet fuel that would help the national carrier save around Rs.300 crore annually.To do this, the airline will seek ... Read more...

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Ajit Singh to raise tax issue with petroleum, finance ministries


June 6th, 2012 - 9:09 pm ICT by IANS
New Delhi, June 6 (IANS) Civil Aviation Minister Ajit Singh Wednesday said he will raise the issues of rationalising state sales tax on jet fuel and service tax on tickets ... Read more...

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AI plans to use Dreamliner on domestic routes to cut cost


May 6th, 2012 - 4:34 pm ICT by IANS
New Delhi, May 6 (IANS) Air India plans to deploy the Boeing-787 Dreamliner aircraft on domestic routes to save on fuel, train the crew and add flexibility to its ... Read more...

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Domestic airlines’ 2011-12 losses around Rs.10,000 crore


May 3rd, 2012 - 6:58 pm ICT by IANS
New Delhi, May 3 (IANS) The total operational losses of all domestic airlines, barring the budget carrier IndiGo, in 2011-12 is estimated to be around Rs.10,000 crore, Civil Aviation Minister ... Read more...

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RBI to notify proposal allowing airlines to access foreign funds


April 19th, 2012 - 9:43 pm ICT by IANS
New Delhi, April 19 (IANS) The government Thursday said it expects the Reserve Bank of India (RBI) to notify the budget announcement of allowing the cash-strapped Indian civil aviation ... Read more...

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Go Air in talks with European carriers for maintenance work


April 19th, 2012 - 7:39 pm ICT by IANS
Chennai, April 19 (IANS) With its fleet size set to expand, low cost carrier Go Airlines is in talks with two European carriers for an aircraft maintenance and spare parts ... Read more...

Posted in Business |

SpiceJet allowed to directly import ATF


April 18th, 2012 - 4:06 pm ICT by IANS
Mumbai, April 18 (IANS) SpiceJet Ltd has became India's first low-cost private airline to get government approval for importing aircraft turbine fuel (ATF) directly.The approval was granted by the Director-General ... Read more...

Posted in Business |

Air India to import aircraft turbine fuel direct


March 27th, 2012 - 9:22 pm ICT by IANS
Mumbai, March 27 (IANS) In a move that will improve the finances of Air India, the airline's board Tuesday approved direct import of Aviation Turbine Fuel, an official said here.For ... Read more...

Posted in Business |

Budget: Travel industry feels neglected


March 17th, 2012 - 9:07 pm ICT by IANS
New Delhi, March 17 (IANS) The travel industry Saturday panned the union budget, accusing the government of neglecting it.Travel operators said apart from the hike in service tax, the ... Read more...

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Budget proposes allows airlines to access foreign funds


March 16th, 2012 - 4:12 pm ICT by IANS
New Delhi, March 16 (IANS) In a bid to address concerns of the cash-strapped Indian civil aviation sector, Finance Minister Pranab Mukherjee Friday proposed to allow domestic airlines to ... Read more...

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Action plan mooted to make India global aviation hub


March 15th, 2012 - 5:29 pm ICT by IANS
Hyderabad, March 15 (IANS) India can be a global aviation hub and the third largest aviation market in the world by 2020 if an eight-point action plan is pursued, ... Read more...

Posted in Business |

‘Civil aviation sector up 18.5 percent in seven years’


March 15th, 2012 - 5:06 pm ICT by IANS
New Delhi, March 15 (IANS) India's financially troubled civil aviation sector grew at 18.5 percent in the last seven years and the government has taken various steps to resolve ... Read more...

Posted in Business |

Private airlines to have global traffic rights


March 14th, 2012 - 6:34 pm ICT by IANS
Hyderabad, March 14 (IANS) The government is considering giving traffic rights to private airlines on global routes to help them tide over their financial problems, Civil Aviation Minister Ajit ... Read more...

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Ajit Singh carries aviation woes to PM


March 13th, 2012 - 6:39 pm ICT by IANS
New Delhi, March 13 (IANS) Civil Aviation Minister Ajit Singh Tuesday discussed with Prime Minister Manmohan Singh "many issues" afflicting the airline industry.The meeting assumes significance as the government ... Read more...

Posted in Uncategorized |

SpiceJet shares rise 4.11 percent as Maran raises stake


March 3rd, 2012 - 6:02 pm ICT by IANS
Mumbai, March 3 (IANS) Shares of budget carrier SpiceJet Saturday closed 4.11 percent up after it became known that promoter Kalanithi Maran would infuse Rs.100 crore into the airline in ... Read more...

Posted in Business |

SpiceJet promoter to infuse Rs.100 crore


March 2nd, 2012 - 10:35 pm ICT by IANS
New Delhi, March 2 (IANS) Budget carrier Spicejet Friday said its promoter Kalanidhi Maran will infuse Rs.100 crore into the passenger carrier in lieu of five percent equity or additional ... Read more...

Posted in Business |

Government notifies direct fuel import by airlines


February 22nd, 2012 - 11:06 pm ICT by IANS
New Delhi, Feb 22 (IANS) The Indian government Wednesday notified direct import of jet fuel -- a long standing demand of the domestic airline industry -- and called upon ... Read more...

Posted in Business |

Airlines should tie-up with suppliers to import jet fuel


February 16th, 2012 - 9:38 pm ICT by IANS
New Delhi, Feb 16 (IANS) The civil aviation ministry Thursday said domestic airlines interested in importing jet fuel should tie up with suppliers who have the infrastructure to import ... Read more...

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Jet fuel price cut by Rs.350.70 a kilolitre


February 16th, 2012 - 7:52 pm ICT by IANS
New Delhi, Feb 16 (IANS) State-owned oil marketing companies (OMCs) Thursday cut aviation fuel prices by Rs.350.70 or 0.56 percent a kilolitre (kl), effective from midnight Friday.With this, the ... Read more...

Posted in Business |

Government rolls out plan to help domestic airlines (Roundup)


February 7th, 2012 - 8:39 pm ICT by IANS
New Delhi, Feb 7 (IANS) To help cash-strapped Indian airlines, a group of ministers (GoM) led by Finance Minister Pranab Mukherjee Tuesday rolled out a plan for the carriers ... Read more...

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Policy on import of jet fuel silent on logistics: Experts


February 7th, 2012 - 7:59 pm ICT by IANS
New Delhi, Feb 7 (IANS) Airlines welcomed the decision of a ministerial panel to allow direct import of fuel, but aviation experts said several questions remained unanswered, particularly on ... Read more...

Posted in Business |

Indian air carriers should have professional management: Minister


February 7th, 2012 - 7:49 pm ICT by IANS
Chennai, Feb 7 (IANS) Airlines in India should have a professional team for better management, Union Minister for Corporate Affairs M. Veerappa Moily said here Tuesday.When queried about bailing out ... Read more...

Posted in Uncategorized |

Aviation stocks rally after direct jet fuel import allowed


February 7th, 2012 - 5:06 pm ICT by IANS
Mumbai, Feb 7 (IANS) Scrips of three listed domestic carriers -- Jet Airways, Kingfisher Airlines and SpiceJet -- rallied after the government Tuesday allowed airlines to import jet fuel ... Read more...

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Government approves direct jet fuel import, Air India debt plan (Lead)


February 7th, 2012 - 4:00 pm ICT by IANS
New Delhi, Feb 7 (IANS) An empowered group of ministers (EGoM) led by Finance Minister Pranab Mukherjee Tuesday allowed domestic airlines to directly import fuel and approved Air India's ... Read more...

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Government allows direct jet fuel import, Air India debt plan


February 7th, 2012 - 2:57 pm ICT by IANS
New Delhi, Feb 7 (IANS) An empowered group of ministers (EGoM), led by Finance Minister Pranab Mukherjee, Tuesday allowed domestic airlines to directly import aviation turbine fuel and approved ... Read more...

Posted in Business |

SpiceJet’s third quarter net loss at Rs.39.26 crore


February 6th, 2012 - 7:33 pm ICT by IANS
Mumbai, Feb 6 (IANS) Budget carrier SpiceJet Monday reported a net loss of Rs.39.26 crore for the quarter ended Dec 31 from a net profit of Rs.94.44 crore in the ... Read more...

Posted in Business |

Oil firms halt, resume fuel supplies to Air India


February 2nd, 2012 - 10:19 pm ICT by IANS
New Delhi, Feb 2 (IANS) Jet fuel supplies to cash-strapped Air India were halted for three hours by the three state-run oil marketing companies Thursday but resumed following government intervention.An ... Read more...

Posted in Business |

Jet fuel price cut by Rs.1,974 a kilolitre


January 31st, 2012 - 9:09 pm ICT by IANS
New Delhi, Jan 31 (IANS) State-owned oil marketing companies (OMCs) Tuesday cut aviation fuel prices by Rs.1,974.29 or 3.04 percent a kilolitre (kl), effective from midnight Wednesday, as an ... Read more...

Posted in Business |

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