IndiGo operator InterGlobe Aviation had a mildly encouraging third quarter in financial year 2026 (Q3FY26).
In Mumbai, jet fuel costs Rs 71,940.36 per kl as against Rs 73,306.89 per kl previously, IOC said.
The company is currently negotiating with more buyers.
In December 2010, the price of the fuel in Delhi was Rs 45,240 a kilolitre.
State-owned oil firms on Friday hiked jet fuel prices by almost 2 per cent, the sixth straight increase in rates since October when international crude oil prices started climbing.
The purge in Washington does not pause the war. Strikes continue, Hormuz remains closed, and Brent crude is still dancing around $109 a barrel. For India, the command chaos in the Pentagon is another layer of uncertainty piled on five weeks of conflict that was already straining every buffer Delhi has.
Aviation turbine fuel accounts for 35-40 per cent of the total operating cost of an Indian airline.
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Observing that the prime reason for these losses was high fuel cost which constituted almost 40-50 per cent of an airline's total costs, Civil Aviation Minister Ajit Singh said the aviation turbine fuel (ATF) prices were high due to rising base price and "very high VAT imposed by state governments."
'The next two to three weeks will not be decided in Washington.' 'They will be decided in Tehran, in whatever calculation Iran makes about the costs of continued resistance against the costs of appearing to have yielded.'
In five monthly reduction, non-domestic LPG rates have been slashed by Rs 170.5 per cylinder, bringing the price at three-year lows.
Currently open access to ATF facilities exists at Delhi, Hyderabad and Bangalore airports, sources said on the sidelines of the Petrotech 2012 Conference in New Delhi.
Taxes on ATF in India are among world's highest, and are seen as key reason for mounting losses of airlines.
'In any aviation emergency, the first rule is aviate -- fly the aircraft.' 'The fact that the commander's voice is not on the recording simply means he was focused entirely on flying. It does not imply anything more than that.'
Iranian President Masoud Pezeshkian maintained a stance of defensive necessity, noting that Tehran is "forced to retaliate to attacks" but clarified that this does not imply a dispute with neighbouring countries
India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.
Of the 243 listed flights, it claimed to have operated 75 across the country after 1600 hours on Wednesday.
Dramatic scenes unfolded in Caracas as tensions escalated between the US and Venezuela on January 3, 2026. Following President Donald Trump's announcement of strikes on Venezuela and the reported capture of President Nicolas Maduro, smoke rose near the Fort Tiuna military zone while residents evacuated and queued for fuel.
In the first reduction in rate in two months, jet fuel or ATF price on Thursday was cut by 3 per cent in line with softening international crude oil prices. Aviation turbine fuel (ATF) price was reduced by Rs 1,887 per kilolitre, or 3 per cent, to Rs 58,374.16 per kl in the national capital, according to a price notification of state-owned fuel retailers. This is the first reduction in rates after four rounds of increase since February. Rates were increased by Rs 3,246.75 per kl on February 1, followed by a 3.6 per cent hike on February 16, and a steep 6.5 per cent raise on March 1. On March 16, prices were again raised by Rs 860.25 per kl. On Thursday, a Rs 10 per cylinder reduction in price of domestic cooking gas LPG also came into effect.
The lawsuit has compensatory and punitive damages against the defendants for the wrongful deaths of four passengers on flight 171, US-based law firm The Lanier Law Firm said in a statement.
Parents of Kashmiri students studying in Iran have appealed to the Indian government to evacuate their children due to ongoing tensions and protests in the country. They cite difficulties in communication and travel arrangements.
What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.
Reliance Industries Ltd is likely to import jet fuel for SpiceJet.
The DGCA has asked airlines to inspect the fuel switch locking system in their Boeing 787 and 737 planes after a preliminary probe report into the Air India crash found that the switches were cut off before the accident.
'Indian refiners can operate without Russian crude from a technical standpoint, but the shift would involve major economic and strategic trade-offs'
An Air India Airbus A350 sustained engine damage after ingesting a baggage container while taxiing at Delhi airport. The incident occurred after the flight returned to Delhi due to the unexpected closure of Iranian airspace. The DGCA is investigating.
'In the inspections, no issues were found with the said locking mechanism.'
While the peacetime stranding of a foreign fighter jet is rare in India, the F-35 -- a military asset of a foreign country with which India has strategic relations -- was being guarded by the Central Industrial Security Force, the agency responsible for security at Indian airports.
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.
A preliminary investigation into the Air India Flight 171 crash in Ahmedabad reveals that both fuel switches were cut off before the crash, followed by pilot confusion. The report also indicates that fuel samples were satisfactory and no immediate action is recommended for Boeing 787-8 operators.
SpiceJet COO says ATF price cut is need of the hour.
Jet Airways on Wednesday said that it has raised the fuel surcharge on tickets by Rs 400 across all domestic sectors. The newly decided fares have been made applicable from June 17.
Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. However, import-dependent sectors such as gems and jewellery, petroleum and electronics may see lower benefits due to a rise in input costs, they stated.
Owing to another rise in jet fuel prices this month, airlines, such as Spice Jet, have decided to hike the fuel surcharge levied by them on tickets by Rs 150 for short haul sectors (less than 750 kms) and by Rs 350 for long haul sectors (more than 750 kms).The fuel surcharge for short haul routes now stands at Rs 1,950 while for long haul sectors it is Rs 2,350.
The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.
The price of jet fuel (ATF) was sharply increased by 7.5 per cent on Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. After three rounds of price cuts, aviation turbine fuel (ATF) price was increased by Rs 6,271.5 per kilolitre, or 7.5 per cent, to Rs 89,344.05 per kl in the national capital - home to one of the busiest airports in the country, according to state-owned fuel retailers.
India has wrapped up its operation at a strategic air base in Tajikistan's Ayni following the lapse of a bilateral agreement, people familiar with the matter said this week.
However, domestic carriers said they are not looking at a decrease in airfares. The cut of Rs 11,784 per kilolitre will come into effect from September 1. They also said that the industry would be able to curtail 30 per cent of its monthly losses. Indian carriers are expected to make a cumulative loss of $2 billion in 2008-09.
In modern aircraft, there are cockpit voice recorder and digital flight data recorder.
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