News for 'aviation fuel'

How flight data recorders assist in aircraft crash investigations

How flight data recorders assist in aircraft crash investigations

Rediff.com13 Jun 2025

In modern aircraft, there are cockpit voice recorder and digital flight data recorder.

Mah: Lack of fuel affects relief ops

Mah: Lack of fuel affects relief ops

Rediff.com7 Aug 2005

Lack of aviation fuel has affected relief operations in the flood-affected district of Kolhapur as helicopters could not be pressed into service for dropping food packets, official sources said.\n

Air India crash: 'Engines lost power at critical stage'

Air India crash: 'Engines lost power at critical stage'

Rediff.com14 Jun 2025

Former Chief of Air Staff, Air Chief Marshal Arup Raha (Reired), on Saturday said the engine of the Air India aircraft that crashed near Ahmedabad airport on June 12 'definitely' lost power at a critical stage and there was no time for recovery.

Jet fuel to cost more

Jet fuel to cost more

Rediff.com28 Jun 2008

The country's oil marketing companies are preparing for another round of increase in the price of aviation turbine fuel on July 1 as the average price of the fuel in international markets has shot up to around $160 per barrel in June from $150 per barrel in May.

Stocks of these 4 sectors gain as Brent crude oil slips below $70/bbl

Stocks of these 4 sectors gain as Brent crude oil slips below $70/bbl

Rediff.com7 Mar 2025

Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.

Elon Musk's Starship explodes for third time in a row

Elon Musk's Starship explodes for third time in a row

Rediff.com28 May 2025

Despite the failure, Musk emphasised that the mission yielded valuable data and outlined an accelerated launch schedule going forward.

'Pilots Must Have Tried Everything In 50 Seconds'

'Pilots Must Have Tried Everything In 50 Seconds'

Rediff.com12 Jun 2025

'In 50 seconds, the pilots were fighting drag, trying relight, throttling up and avoiding obstacles.' 'They had neither height nor speed. There was no margin.'

India rejects European oil firm's request to market jet fuel

India rejects European oil firm's request to market jet fuel

Rediff.com30 Mar 2015

India has rejected a request from BP Plc to be allowed to sell jet fuel to the booming aviation market.

Airfares to rise as IndiGo brings back fuel charge

Airfares to rise as IndiGo brings back fuel charge

Rediff.com6 Oct 2023

Airfares in the country are set to rise, with IndiGo on Thursday introducing a fuel charge of up to Rs 1,000 based on a flight's distance, in response to the significant rise in aviation turbine fuel (ATF) prices in the last three months. The Indian aviation sector experiences its peak travel season between October and December. The inclusion of a fuel charge component in airfares is anticipated to have a sizable impact on IndiGo's passengers, according to experts.

Mongolia: AI's new shortcut to North America to cut Pak costs

Mongolia: AI's new shortcut to North America to cut Pak costs

Rediff.com13 May 2025

Besides, the carrier is having a technical stop in Kolkata for some of the North America flights from Delhi, they added.

Smartphones ring loudest in exports

Smartphones ring loudest in exports

Rediff.com24 Apr 2025

Smartphones, for the first time, emerged as India's largest individual export commodity by value over 10 months of any financial year, during the April-January period of FY25, based on harmonised system (HS) codes. During the period under review, smartphone exports from India reached $18.31 billion, according to data from the Department of Commerce, surpassing automotive diesel fuel exports, which stood at $16.04 billion.

Diesel demand falls to lowest since pandemic

Diesel demand falls to lowest since pandemic

Rediff.com14 Apr 2025

Growth in demand for diesel, India's most consumed petroleum product, fell to its lowest since the pandemic in the financial year ended March 31 as the economy expands at a slower pace and consumption shifts to cleaner fuels. Diesel consumption rose 2 per cent to 91.4 million tonnes in 2024-25 (April 2024 to March 2025) fiscal, according to provisional data released by the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry.

1 survives, at least 265 killed in AI crash in Ahmedabad

1 survives, at least 265 killed in AI crash in Ahmedabad

Rediff.com13 Jun 2025

An Air India aircraft with 242 passengers on board heading to London crashed in the Meghaninagar area near Ahmedabad airport on Thursday afternoon, the police said.

10 Hot Engineering Careers After Class 12

10 Hot Engineering Careers After Class 12

Rediff.com29 May 2025

Nayagam PP, a certified career counsellor and the founder of EduJob360, lists the top and emerging career streams in engineering.

Aviation, Petroleum ministries to meet FM on jet fuel

Aviation, Petroleum ministries to meet FM on jet fuel

Rediff.com4 Dec 2012

In a bid to bring down the cost of air operations, Aviation and Petroleum ministries will meet FM to get ATF notified as 'declared good'.

Fuel deals: Indian Oil JV eyes airports

Fuel deals: Indian Oil JV eyes airports

Rediff.com19 Aug 2008

The company, which has successfully commissioned the 'open access' fuel storage system for the first time in the country at Bangalore International Airport, has submitted its expression of interest for the projects. Currently, IOC, HPCL and BPCL are providing fuel storage services at Mumbai and Delhi airports.

Aviation ministry to press for airlines' direct import of fuel

Aviation ministry to press for airlines' direct import of fuel

Rediff.com9 Jun 2014

Such direct import was formally allowed in February 2012 but the aviation companies lack the infrastructure to do so.

Aviation industry hails RBI move to hedge fuel

Aviation industry hails RBI move to hedge fuel

Rediff.com24 Apr 2007

The Reserve Bank of India's decision to allow airlines hedge jet fuel in global markets came in for praise from the industry and the civil aviation ministry, but end-users are unlikely to benefit in the form of lower airfares.

Finnair flies first bio-fuel-operated flight

Finnair flies first bio-fuel-operated flight

Rediff.com20 Jul 2011

In the next few weeks, Finnair will fly a series of four flights using biofuel in both engines of its aircraft, the carrier said in a statement.

The dark side of duty cut on smartphone parts

The dark side of duty cut on smartphone parts

Rediff.com7 Jan 2025

Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.

Indian airlines may face Rs 77 cr weekly addtional expenses on airspace curbs

Indian airlines may face Rs 77 cr weekly addtional expenses on airspace curbs

Rediff.com30 Apr 2025

Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. An analysis of the number of overseas flights and back-of-the-envelope calculations based on increased flight time as well as approximate expenses by PTI showed that the additional monthly operational costs could be over Rs 306 crore.

Aviation minister to talk to states on jet fuel tax

Aviation minister to talk to states on jet fuel tax

Rediff.com4 Sep 2014

Taxes on ATF in India are among world's highest, and are seen as key reason for mounting losses of airlines.

'Flight Seemed To Descend 15 Seconds After Lift-Off'

'Flight Seemed To Descend 15 Seconds After Lift-Off'

Rediff.com13 Jun 2025

'Loss of thrust in both engines would have left the crew with minimal options for recovery.'

IAF could save 100 million litres of fuel annually

IAF could save 100 million litres of fuel annually

Rediff.com3 Jun 2019

'This is a huge step in promoting the 'Make in India' mission as this bio-fuel would be produced from Tree Borne Oils sourced from tribal areas and farmers.'

Planning A New Year Hol? Book Soon!

Planning A New Year Hol? Book Soon!

Rediff.com4 Dec 2024

Demand for the Christmas period is expected to rise further in the coming days.

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Pak Airspace Shut: Indian Carriers Redraw Flight Paths

Rediff.com25 Apr 2025

Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.

Spicejet flies into history books with India's first biojet-fuel run flight

Spicejet flies into history books with India's first biojet-fuel run flight

Rediff.com27 Aug 2018

Made from Jatropha crop, the fuel has been developed by the CSIR-Indian Institute of Petroleum, Dehradun.

Three firms seek CCI nod to acquire stakes in Akasa Air

Three firms seek CCI nod to acquire stakes in Akasa Air

Rediff.com20 Feb 2025

Tech tycoon Azim Premji's global investment arm, Manipal Group Chief Ranjan Pai's family office and 360 ONE Asset have sought approval from fair trade regulator CCI to acquire stakes in domestic carrier Akasa Air's parent company SNV Aviation. "The proposed transaction involves the acquisition of certain shareholding by each of PIOF, Claypond and 360 Fund (through its various schemes and affiliates) in Akasa Air," said a notice filed with the Competition Commission of India (CCI) on Wednesday.

The price of building India: Why cement remains in the 28% GST slab

The price of building India: Why cement remains in the 28% GST slab

Rediff.com7 May 2025

The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. This was despite recognising that cement - along with automobile parts - remained among the few mass-consumption items still taxed at the highest slab, which was originally meant for luxury and sin goods.

Aviation turbine fuel price cut by 1.8%

Aviation turbine fuel price cut by 1.8%

Rediff.com2 Nov 2005

Public sector oil firms have cut aviation turbine fuel (jet fuel) prices by up to Rs 745 per kilolitre or 1.85 per cent in wake of falling international prices.\n

Jet fuel price hiked by 4%

Jet fuel price hiked by 4%

Rediff.com1 Feb 2023

Jet fuel (ATF) price on Wednesday was hiked by 4 per cent in line with firming international oil prices but petrol and diesel rates remained on freeze for a record 10th month in running. Aviation turbine fuel (ATF) price was increased by Rs 4,218 per kilolitre, or 3.9 per cent, to Rs 1,12,356.77 per kl in the national capital, according to a price notification of state-owned fuel retailers. The increase follows three rounds of reduction since November.

AI flight faces mid-air snag after take-off from TN, lands safely

AI flight faces mid-air snag after take-off from TN, lands safely

Rediff.com12 Oct 2024

In a statement, Civil Aviation Minister K Rammohan Naidu said the airport and emergency teams responded swiftly and effectively after a full emergency was declared at 18.05 hours.

Trade bodies welcome govt focus on aviation infrastructure

Trade bodies welcome govt focus on aviation infrastructure

Rediff.com27 Jun 2014

In their pre-budget expectations, they also asked the government to assess the option of developing unused airstrips located in various parts of the country to boost air connectivity.

Aviation Industry Vulnerable To Cyberattacks

Aviation Industry Vulnerable To Cyberattacks

Rediff.com9 Jun 2022

Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.

coJet fuel price hike: Will flight tickets cost more?

coJet fuel price hike: Will flight tickets cost more?

Rediff.com1 Aug 2023

Jet fuel or ATF price on Tuesday was hiked by a steep 8.5 per cent - the second increase in a month, while commercial cooking gas rate was cut by Rs 100 per cylinder in line with divergent trends in international benchmarks. Aviation turbine fuel (ATF) price was increased by 7,728.38 per kilolitre, or 8.5 per cent, in the national capital to Rs 98,508.26 per kl, according to a price notification of state-owned fuel retailers. Rates, which vary from state to state depending on the incidence of local sales tax or VAT, have been increased on firming up of global rates that followed four months of decline.

Govt slashes windfall tax on fuel export, domestic crude oil

Govt slashes windfall tax on fuel export, domestic crude oil

Rediff.com20 Jul 2022

The government on Wednesday scrapped a week-old tax on the export of petrol and cut windfall taxes on overseas shipment of diesel and ATF as well as the one imposed on domestically produced crude oil after global oil prices fell. While the Rs 6 a litre export duty on petrol was scrapped, the tax on the export of diesel and jet fuel (ATF) was cut by Rs 2 per litre each to Rs 11 and Rs 4 respectively, government notifications showed. The tax on domestically produced crude was also cut to Rs 17,000 per tonne from Rs 23,250, a move that will benefit producers like ONGC and Vedanta Ltd.

Shuks' Space Flight: 'A Leapfrog Moment For India'

Shuks' Space Flight: 'A Leapfrog Moment For India'

Rediff.com11 Jun 2025

'You can imagine for India what Shuks means not just to the billions of people in India but the entire Indian diaspora around the world.'

Good news for RIL, ONGC as govt scraps windfall tax

Good news for RIL, ONGC as govt scraps windfall tax

Rediff.com2 Dec 2024

The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil prices. Minister of State for Finance Pankaj Chaudhary tabled a notification in Rajya Sabha scrapping the levy on crude oil produced by firms like state-owned Oil and Natural Gas Corporation (ONGC) and exports of fuels done by companies like Reliance Industries Ltd.

Amid record aircraft orders, aviation remains a long-term play

Amid record aircraft orders, aviation remains a long-term play

Rediff.com3 Mar 2023

The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.