New Delhi, June 4 (IANS) The government has fixed the basic price of aviation turbine fuel (ATF) for domestic airlines at Rs 86.32 per litre for up to three years under the new price stabilisation scheme aimed at keeping airlines financially viable and passenger tickets affordable amid the surge in international prices due to the Middle East crisis. Under the voluntary scheme, airlines participating in the scheme will pay the fixed free-on-board (FOB) benchmark price as well as airport charges, …
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Ahmedabad, June 3 (IANS) The Sardar Vallabhbhai Patel International Airport (SVPIA) in Ahmedabad has commissioned a new Aviation Fuel Station with an 8,000-kilolitre (KL) storage capacity, expanding its fuel handling infrastructure as passenger traffic and flight operations continue to grow. The new facility, operational from Wednesday, is expected to improve refuelling reliability, enhance operational efficiency for airlines and support future growth in air connectivity from Gujarat.Airport aut…
New Delhi, May 17 (IANS) Welcoming the Delhi government’s decision to reduce Value Added Tax (VAT) on Aviation Turbine Fuel (ATF) from 25 per cent to 7 per cent, Union Civil Aviation Minister Ram Mohan Naidu said the move would provide much-needed support to airlines amid global cost pressures and help ensure affordable connectivity for passengers.In a statement, the minister appreciated the “timely decision” taken by Delhi Chief Minister Rekha Gupta and the Delhi government, saying the re…
New Delhi, May 16 (IANS) The Delhi government on Saturday announced a major reduction in Value Added Tax (VAT) on Aviation Turbine Fuel (ATF), bringing the levy down from 25 per cent to 7 per cent in a move aimed at easing operational costs for airlines and providing relief to air passengers.According to the Chief Minister’s Office, the decision is expected to lower fuel expenses for carriers operating from the national capital and help improve the overall viability of airline operations.“De…
New Delhi, May 15 (IANS) The Maharashtra Government on Friday reduced value-added tax (VAT) on aviation turbine fuel (ATF) to 7 per cent from 18 per cent, offering relief to airlines grappling with rising operational costs amid global uncertainties and higher fuel prices.According to a notification issued by the state finance department, the revised VAT rate came into effect from May 15 and will remain applicable until November 14, 2026.The move marks an 11-percentage-point reduction in VAT on j…
New Delhi, May 5 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the launch of the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, aimed at providing crucial financial support to businesses impacted by the ongoing West Asia crisis.Under the new phase of the scheme, the government will extend enhanced credit guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC).The scheme offers 100 per cent guarantee coverage for micro…
New Delhi, April 7 (IANS) The Directorate General of Civil Aviation (DGCA) has temporarily allowed airlines to extend flight duty time for pilots on long-haul flights as planes have to take longer routes on international flights due to the Iran war, a senior official of the Civil Aviation Ministry said on Tuesday. The easing of the pilot flight duty time limitation (FDTL) norm has been permitted as airlines were facing problems due to the longer flying hours that are now required for flights, as…
New Delhi, March 29 (IANS) Passengers flying within India may soon find it easier to choose seats without paying extra, as airlines will be required to offer at least 60 per cent of seats free of charge from April 20 under new rules issued by the Directorate General of Civil Aviation (DGCA).The move follows directions from the civil aviation ministry, after concerns were raised over high seat selection charges being levied by airlines.The DGCA has issued an amended circular mandating that a majo…
Washington, March 22 (IANS) US Transportation Secretary Sean Duffy has warned that the ongoing conflict with Iran is pushing up fuel and travel costs, saying it is the rising cost burden that is now affecting American consumers even as supply chains remain stable.In an interview on ABC News’ This Week with George Stephanopoulos, Duffy said airlines are not facing supply shortages but are under pressure from higher fuel prices. “It is the cost, right?” he said.The warning comes as fuel pric…
New Delhi, March 21 (IANS) Union Civil Aviation Minister Ram Mohan Naidu on Saturday said the government is taking steps to ensure that any impact of the ongoing war situation on the aviation sector is not passed on to passengers, even as it rolls out new passenger-friendly measures.“The impact is definitely going to be there on oil prices and Aviation Turbine Fuel (ATF), but it should not be transferred to passengers,” the minister told reporters, underlining the government’s focus on kee…