Indian aviation stares at INR 170 billion net loss in FY 2023: ICRA ATF prices in November 2022 are higher by 47 per cent on a YoY basis. While airlines have been increasing
A $12 billion bonanza for the Indian government from tax on crude “Significant additional tax revenue will offset fiscal pressure on the sovereign.” PRAVASISAMWAD.COM Taxes on domestic crude oil and fuel exports
Indian airlines demand immediate relief from high ATF prices Amidst the heavy demand this summer, airfares across sectors have started going up PRAVASISAMWAD.COM The high Air Turbine Fuel (ATF)
Bihar is ready to boost aviation infrastructure “…While the state government is proactive in its approach to create a favourable infrastructure and support facilities for air connectivity
Bad news for air travellers — 10th hike for ATF prices Jet fuel prices are revised on the 1st and 16th of every month, while petrol and diesel rates are revised
International passenger traffic for Indian carriers surpassed pre-Covid levels On a sequential basis, the number of departures in April 2022 were higher by around 2%, given the near normalcy
Demand to include ATF in GST The latest hike, which is sixth in the last one year, has made ATF rates breach the INR 1 lakh
Government takes steps to meet aviation sector demand The number of daily air passengers may cross pre-COVID levels in a few months PRAVASISAMWAD.COM The average number of the
Indian aviation to report net loss of ~Rs. 250-260 bn in FY2022 This recovery will be on a much lower base of FY2021 Also this will be significantly lower than pre-Covid levels,
Regional airlines, helicopters will boost last mile connectivity “The focus has to be on smaller town airports as well as regional connectivity in India… That poses its own