Jet Fuel-prices

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Jet Fuel-prices - Total results - 8
US oil plunged below $0 a barrel on Monday: Here's all you need to know about negative crude futures and what it means for consumers
Business

US oil plunged below $0 a barrel on Monday: Here's all you need to know about negative crude futures and what it means for consumers

The price of a barrel of benchmark US oil plunged below $0 a barrel on Monday for the first time in history, a troubling sign of an unprecedented global energy glut

Aviation turbine fuel under GST will ensure level playing field for domestic airlines: Suresh Prabhu
Business

Aviation turbine fuel under GST will ensure level playing field for domestic airlines: Suresh Prabhu

Airlines have been demanding inclusion of aviation turbine fuel in the new indirect tax regime.

Icra assigns negative outlook to domestic airline industry; passenger traffic growth to remain healthy
Business

Icra assigns negative outlook to domestic airline industry; passenger traffic growth to remain healthy

This high growth was initially propelled by low jet fuel prices and later due to the excess capacity in the market, which have forced the airlines to keep fares low and deal with competition.

Domestic carriers may need Rs 35,000 cr capital in 3-4 years to bring down high-debt levels: Icra
Business

Domestic carriers may need Rs 35,000 cr capital in 3-4 years to bring down high-debt levels: Icra

In order to contain further losses, the domestic carriers have resorted to several measures, which include among others, rationalisation of non-fuel costs, network review,

From Q1 loss to talks of sale of airline, a timeline of Naresh Goyal-owned Jet Airways' turbulent journey
Business

From Q1 loss to talks of sale of airline, a timeline of Naresh Goyal-owned Jet Airways' turbulent journey

Jet Airways Ltd, the biggest full-service carrier in India, has been under dark clouds for the past few months.

Levying GST on overseas air tickets violates international norms, weakens competitiveness of carriers : IATA chief
Business

Levying GST on overseas air tickets violates international norms, weakens competitiveness of carriers : IATA chief

The GST rate is 5 percent and 12 per cent on the economy and business class tickets, respectively

Icra lowers ratings on Jet Airways' loan facilities following weak Q4 financial performance
Business

Icra lowers ratings on Jet Airways' loan facilities following weak Q4 financial performance

Rating agency Icra on Monday lowered credit ratings on Jet Airways' short-term and long-term loan facilities citing weakened financial performance

Jet Airways profit falls 91% in Q2: Is too much reliance on Gulf routes behind airline's falling profitability?
Business

Jet Airways profit falls 91% in Q2: Is too much reliance on Gulf routes behind airline's falling profitability?

Jet Airways has deployed almost half of its international capacity on Gulf routes, where the market growth is tapering off, which obviously means its yields (revenue per passenger) suffered on these routes.