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Govt cuts windfall duty on diesel and ATF exports – Here’s what changes today

The Finance Ministry has reduced windfall taxes on diesel and aviation turbine fuel exports starting October 1, 2026, while commercial…

October 1, 2026 14:51 IST

Air India becomes first carrier to drop surcharges; flights to US, Europe, Australia set to get cheaper

The decision comes after global jet fuel prices eased following a massive surge earlier this year, which severely impacted airline…

July 3, 2026 21:19 IST

Air India cuts 100 flights a day, bookings to be rescheduled based on availability

The outgoing CEO also said that the move was necessitated by a “massive rise in jet fuel prices which, together…

Updated: May 2, 2026 16:24 IST

JetBlue to cut capacity, increase ticket prices as jet fuel costs surge widens quarterly loss

JetBlue entered 2026 aiming to stabilise operations and build on a turnaround strategy launched in 2024. The plan focused on…

April 28, 2026 21:01 IST

US airlines raise fees and cut routes as jet fuel costs surge

Airlines face rising jet fuel costs that strain operations and profits. Major US carriers respond with higher fees, route cuts,…

Updated: April 17, 2026 18:24 IST

Watch: At least 12 killed as UPS plane flips and explodes into a fireball at Kentucky airport

UPS freighter crashed in a Louisville fireball after left engine failure during take-off. 12 confirmed dead as NTSB recovers black…

November 6, 2025 15:48 IST

Indian Oil Rs 1000-crore plan to make green Jet fuel as global supplies run short

The plant, which will be built at Indian Oil’s Panipat refinery north of New Delhi and utilize alcohol-to-jet technology developed…

May 3, 2023 13:38 IST

Windfall tax for domestic crude oil slashed to Rs 4,100 per tonne; no duty on export of diesel, petrol, ATF

The windfall gains tax on domestically produced crude oil has been slashed to the tune of Rs 4,100 per tonne…

May 2, 2023 07:51 IST

tax on crude, tax on diesel, jet fuel tax

Windfall tax on crude, diesel & jet fuel slashed

The taxes were introduced on July 1, as the government felt that the elevated crude prices were allowing oil companies…

December 17, 2022 06:15 IST

jet fuel, biofuel, cooking oil, ethanol, airline, production, technology, investments, infrastructure, sustainable aviation fuel, supply chain, storage, transportation

India’s big plans for cleaner jet fuel face a string of hurdles

“The infrastructure to build out the availability of jet aviation fuel has taken decades and decades, so we’re going to…

November 22, 2022 12:38 IST

Windfall tax raised on crude oil, levy on diesel cut; duty on ATF export unchanged in fortnightly review

In the ninth fortnightly revision of windfall tax, the tax rate on export of diesel has been cut to Rs…

Updated: November 17, 2022 09:44 IST

Govt looking at mandating blending of jet fuel with sustainable aviation fuel: Official

“We are committed to reducing emissions by fossil fuels… the (civil aviation) ministry is working closely with the ministry of…

Updated: November 15, 2022 14:22 IST

Jet fuel becomes costlier, prices increased 4.2% from Nov 1; ATF most expensive in Kolkata

While an uptick was witnessed in the prices of the aviation turbine fuel, the rates of the commercial LPG cylinders…

November 1, 2022 13:50 IST

Windfall taxes cut on diesel, scrapped on ATF; Crude cess up a tad

The taxes will move either way depending on crude prices and crack spread.

August 3, 2022 05:45 IST

ATF and commercial LPG prices cut

Following the latest reduction, ATF now costs Rs 1,21,915.75 per kilo litre (KL) in Delhi, the latest price notification by…

August 2, 2022 00:40 IST

ATF prices hiked by 16%; touch new record

The price of aviation turbine fuel (ATF) — the fuel that helps aeroplanes fly — has been increased by Rs…

Updated: June 16, 2022 19:00 IST

ATF prices effective from March 16 is up 18% in Delhi compared to a fortnight ago, at Rs 1,10,666.29 kilo litre. Compared to March last year, it is up 86.3%. ATF prices are one of the biggest cost component – around 40% – for airlines.

Jet fuel sees steepest price hike: Air fares may soar 15% on key routes

International oil prices had climbed to a 14-year high of near $140 per barrel last week on fears of supply…

March 17, 2022 04:00 IST

ATF price hiked by steepest ever 18 pc to all-time high

Aviation turbine fuel (ATF) – the fuel that helps aeroplanes fly – was hiked by 17,135.63 per kl, or 18.3…

March 16, 2022 11:47 IST

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