Lower losses likely on continued passenger traffic growth recovery, pricing discipline and partial compensation being given by P&W to airlines
The move is in line with the aim of achieving net zero emissions targets by 2070
After the recent increase, ATF prices have reached their highest level in 10 months. After the latest price hike, prices have increased by 32 percent
Air travel in India is still considered as luxury spending. All the luxury items have very high price elasticity.
PNB has imposed charges for insufficient funds; IDFC First Bank has posted record profit; LPG and ATF prices have been reduced and Ayodhya will see a
The number of departures on a sequential basis in the month touched a high of 6%, as Covid-19 demonstrated a downward trajectory
Since April 2020, its consumption steadily rose till March this year before it dropped in April
Just a month back, the Centre had increased the lower and upper limits on domestic airfares by 10-30%
While petrol sales had reached pre-COVID levels a few months back, diesel was up 7.4% year-on-year in the first half of March, said Indian Oil Corpora
This is the third increase in jet fuel prices since February. Rates were increased by 3.6 per cent on February 16, and by Rs 3,246.75 per kl on Februa