airline industry
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ATF Prices Double: Airlines Get Partial Relief Amid Global Surge
New Delhi, April 1 – ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil...- Himanshu
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- airline industry aviation turbine fuel (atf) bharat petroleum commercial lpg domestic airlines energy market fuel costs hindustan petroleum india indian oil corporation international benchmarks lpg prices oil prices petroleum prices state-owned oil companies strait of hormuz
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- Forum: Business
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Navigating Energy Costs: India's Aviation Sector Response
New Delhi, April 1 Civil Aviation Minister K Rammohan Naidu said on Wednesday that the decision by public sector oil marketing companies to implement a partial and staggered increase in jet fuel prices for domestic airlines will help protect passengers from sharp fare hikes.Aviation Turbine... - H
Airfares to Remain Stable Amid ATF Price Adjustments
New Delhi, April 1 – The government stated on Wednesday that domestic airfares are unlikely to see a sharp increase, as it has mitigated the impact of a steep rise in aviation turbine fuel (ATF) prices by allowing only a partial increase for domestic airlines.According to the Ministry of...- Himanshu
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- air connectivity airline industry aviation turbine fuel (atf) cargo movement civil aviation crude oil prices domestic airfare fuel prices geopolitical situation india ministry of petroleum and natural gas oil marketing companies price increase public sector oil companies strait of hormuz
- Replies: 0
- Forum: Business
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Domestic Airlines Face Modified Jet Fuel Costs
New Delhi, Apr 1 Aviation stocks saw strong demand on Wednesday morning, with InterGlobe Aviation rising by over 9 per cent, despite a hike in jet fuel prices.InterGlobe Aviation, the parent company of IndiGo, further jumped 9.41 per cent to Rs 4,315 on the BSE.The stock of SpiceJet surged... - H
Airlines to Offer 60% Free Seats Starting April 20
DGCA Mandates 60% Free Seat Selection on Flights from April 20 New Rule Aims to Improve Passenger Access and Transparency New Delhi, March 29 Airlines in India will be required to offer at least 60 percent of seats on every flight free of charge starting April 20, following new directives issued...- Himanshu
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- air transport airline industry airline regulation airport passenger volume civil aviation dgca fare transparency federation of indian airlines (fia) flight operations india india civil aviation ministry passenger allocation pnr (passenger name record) seat availability seat pricing seat selection
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- Forum: Business
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Campus Consolidation: IndiGo Plans Integrated Hub
New Delhi, March 25 Leading airline IndiGo will develop a comprehensive campus on a land parcel of more than 4.5 acres in Gurugram, Haryana, over the next 3-5 years.The airline is headquartered in Gurugram, and the unified campus will bring together the IndiGo Support Centre (ISC) and learning... - H
Goldman Sachs Lowers IndiGo Profit Forecast
InterGlobe Aviation Faces Profit Pressure Amid Volatile Oil Prices, Travel Disruptions New Delhi, March 23 – InterGlobe Aviation, the parent company of IndiGo, may face challenges to its net profit in the upcoming financial year due to fluctuating oil prices and travel disruptions related to the... - K
IndiGo's Shares in Focus After Rating Upgrade Amid Oil Price Concerns
IndiGo Shares in Focus on March 9 After Kotak Upgrades Stock to Buy With ₹5,500 Target Kotak Institutional Equities Sees 25% Upside in InterGlobe Aviation Shares of InterGlobe Aviation Ltd., the parent company of IndiGo, are likely to remain in focus on Monday, March 9, after Kotak Institutional... - K
SpiceJet Shares Hit 11 Year Low After Heavy Block Deals Trigger 10 Percent Slide
Massive Block Deals Spark Sharp Sell Off in SpiceJet Stock Shares of SpiceJet tumbled 10 percent on Wednesday, touching a fresh low after heavy block deals on the BSE led to intense selling pressure in the counter.Nearly 8.4 percent of the airline’s equity changed hands during the trading...