Operating profits of Indian airlines are expected to decline 10-15 per cent this fiscal year as elevated aviation turbine fuel (ATF) prices, airspace restrictions and rupee depreciation caused by the ...
NEW DELHI: The government Monday increased the windfall tax on exports of diesel and aviation turbine fuel (ATF) for the fortnight starting June 16, while leaving the levy on petrol exports unchanged....
ATF prices: ‘On verge of stopping operations’: FIA to government | Photo credit: Saurabh Sinha NEW DELHI: “The airline Industry in India is under extreme stress and on the verge of c...