Latest News on Aviation Turbine Fuel
Showing of 0 - 10 from 37 results
Aviation Turbine Fuel - Total results - 37
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Jan 03, 2019
ICRA downgrades crisis-hit Jet Airways' credit rating; lenders seek details on root cause of financial stress
Jet Airways is in discussions with the State Bank of India for raising Rs 1,500 crore short-term loan to meet its working capital requirement and some payment obligations. -
Nov 01, 2018
Airlines may post steepest losses in a decade in FY19 owing to higher aviation fuel costs and falling rupee: Crisil
Pitching for a 12 percent hike in airfares to offset the increased costs, the report also forecasts debt liability of three listed airlines to go up by 10 percent by FY19 -
Oct 23, 2018
Govt looks to relax norms for setting up petrol pumps; keen on getting more private players into fuel retailing
State-owned oil marketing companies - IOC, BPCL and HPCL, currently own most of 63,498 petrol pumps in the country -
Oct 23, 2018
SpiceJet seeks three-month moratorium on lease rent; Crisil downgrades budget airline's loan facilities
SpiceJet has sought a three-month moratorium from a leasing company as "a delay in delivery of 737 Max planes by Boeing Co. has caused liquidity issues" -
Oct 11, 2018
Jet fuel prices cut by 2.6% as govt lowers excise duty; to cost less than petrol, diesel
The government had on Wednesday cut excise duty on jet fuel to 11 percent from 14 percent previously to give relief to the aviation industry that has been in recent weeks hit hard by rising fuel prices and plummeting rupee. -
Oct 11, 2018
Relief to aviation industry: Government cuts excise duty on jet fuel to 11% from today
The aviation industry has been seeking lower taxes to help offset the impact of high oil prices. -
Sep 27, 2018
Airline stocks hit 52-week low, fall up to 5% on hike in import duty of jet fuel
The government on Wednesday raised import duties on 19 items, including jet fuel as it looks to check the widening current account deficit resulting from high crude oil prices and the rupee dipping to a historic low. -
Aug 22, 2018
Petrol, diesel not to come under GST in near future as centre, states not in favour, says source
Mumbai has the highest VAT of 39.12 percent on petrol, while Telangana levies the highest VAT of 26 percent on diesel. Delhi charges a VAT of 27 percent on petrol and 17.24 percent on diesel. -
Aug 10, 2018
Jet Airways needs urgent recapitalisation, could report higher Q-on-Q loss for June quarter
Jet Airways' worrying financials and the management’s struggle to keep the airline together come amid a steep rise in costs for all airlines operating in India -
Aug 09, 2018
Feeling 'embarrassed' about investors losing money, says Jet Airways chairman Naresh Goyal
From its 52-week high price of Rs 883.65 scaled on 5 January, 2018, shares of Naresh Goyal-promoted Jet Airways have tumbled 67.5 percent to hit its one-year low of Rs 286.95 in intra-day trading on Thursday
