Tag Archives: Aviation Turbine Fuel

Marking an increase in airfares thanks to rising global oil prices, India’s largest domestic airline IndiGo has re-imposed a fuel surcharge on all domestic flights from today. The Indian Rupee has also been under pressure and has been steadily declining against the Dollar. With the airline claiming a 25% increase in Aviation Turbine Fuel (ATF) prices, IndiGo will impose a …

by BA StaffAmerican full service carrier Delta Air Lines reported its traffic results for September 2013. Unit passenger revenues continued the summer’s strong performance, increasing 5.5% year over year. Highlights include: 5.5% increase in passenger revenue per available seat mile (PRASM) Projected September quarter per gallon fuel price: $2.98 – $3.03 September mainline completion factor 99.9% September on time performance: …

Ryanair has dropped legal proceedings against the Belfast Telegraph after the paper issue an apology to the carrier about a number of false claims made in an article posted on the Telegraph website on August 6th. Find the details below. 19th August 2013 RYANAIR WELCOMES BELFAST TELEGRAPH APOLOGYRyanair, Europe’s only ultra-low cost carrier (ULCC), today (19 Aug) welcomed an apology …

For little over a year now, US airframer Boeing, has been offering a ‘Performance Improvement Package’ (PIP) on its best selling 737NG aircraft. This includes the 737-800, 737-700 and 737-900ER, operated, in India, by the Jet Airways group and SpiceJet. PIP combines aerodynamic and engine performance improvements to reduce fuel burn by up to 2%. Boeing began performance improvement testing …

As with all of the Indian airlines, Delhi based low cost carrier SpiceJet faced disappointing financial results in the fourth quarter and full year of fiscal year 2012, posting a net loss of Rs. 605.8 Crore for FY 11-12 and Rs. 249.2 for Q4. After large net losses at India’s two other publicly traded carriers Kingfisher and Jet Airways, SpiceJet’s …

The following was posted as a guest post over at The Wandering Aramean, a great travel blog written by Seth Miller which also doubles as a travel tool site. Be sure to check his site out, and stay tuned, as we will have some guest content from him this week. When India’s Jet Airways, Kingfisher Airlines, and SpiceJet all recently …

When Kingfisher Airlines, once India’s second largest domestic airline, reported a Rs. 2,328 Crore (1 Crore = 10 Million) net post-tax loss for fiscal year 2012, it was simply an affirmation of the dire straits that a once proud airline has fallen into. Of the Rs. 2,328 Crore net loss, a whopping Rs. 1151.5 Crores were lost in the fourth …

Continuing the series of Indian carrier financial analyses, today we take a look at Kingfisher. Previous Analyses: SpiceJet Following the trend of most Indian carriers, Kingfisher posted a drop in net income; facing a net pretax loss of Rs. 3.90 billion vs. a pretax loss of Rs. 2.64 billion in Q1 2011. As compared to SpiceJet, Kingfisher did not see …

Keeping in mind the five year term of the Lok Sabha, the first year is the thank you budget, years two and three are the hard and bold budgets, year four is the status-quo budget, and year five is the populist budget meant to garner votes. With coalition politics in full sway, the union budget is also now subject to …

Within the weekend the threatened strike action by the Federation of Indian Airlines (FIA) on August 18th has fizzled out. On Friday July 31, the FIA members barring state owned Air India, took India by storm and announced they would suspend all domestic flights on August 18th in protest of the vindictive tax policies on the aviation industry specifically aviation …

The Minister for Petroleum and Natural Gas, Mr Murli Deora, informed the Lok Sabha (lower house of the Indian parliament) that Indian domestic airlines Kingfisher Airlines, Jet Airways, National Aviation Company of India Ltd (Air India), Paramount and SpiceJet, still owe a whopping Rs. 2,225.52 Crore ($445 million) to the stated owned oil marketing companies Indian Oil Corporation, Hindustan Petroleum …

It is difficult to believe that the global economic slowdown commenced one year ago. Since July 2008, airlines across the world began to cut back on their seat capacity, and parking their aircraft. In it’s July 2009 report on trends in the supply of airline flights and seats, the Official Airline Guide OAG reported that airlines are offering 315 million …

Airline flight schedules went haywire on Monday, due to a re-fuelling problem at the Rajiv Gandhi International Airport (RGIA) at Hyderabad. A technical hitch in the fuel hydrant system of Reliance, the fuel franchisee, led to disruptions and delaying almost all the morning flights by up to two hours. 27 flights were delayed due to ‘pressurisation problem’ in the Reliance …

Kingfisher is the largest defaulting private airline in India, and this has finally caught up with it. State owned oil marketing companies (OMCs), who claim they are owed about Rs. 1,000 Crore ($200 million), have enforced ‘cash and carry’ payment terms on the airline, since it has not cleared its dues, even after the extended 90 day payment terms. Kingfisher …

The much publicised bio-fuel test flight of Air New Zealand was conducted successfully. Congratulations to the teams at Air New Zealand, Boeing, Rolls Royce, and UOP division of Honeywell. The blend of fuel was 50% Jet A-1, and 50% Jatropha oil. The Jatropha plant is grown extensively in India, and bio-diesel is slowly inching its way in to the market. …

PTI reports, Kingfisher Airlines, has said that it would effect fare cut across its network from January 1. Without specifying the quantum of reduction in fares, in a statement today, Kingfisher Airlines Chairman, Dr. Vijay Mallya said Kingfisher Airlines will begin the New Year on an aggressive note by slashing fares on its network, The current low prices of Air …

British Airways and Virgin Atlantic Airways have announced a reduction in their fuel surcharges because of the falling price of oil. The reductions apply on tickets purchased beginning Thursday, and the airlines are not offering refunds to customers who booked flights earlier at the higher price. British Airways is reducing the charge on World Traveler (economy) class flights of nine …

Singapore Airlines has issued a flight alert for its Christchurch Singapore services. Apparently Christchurch airport is currently providing only limited supplies of jet fuel to airlines as a result of a fuel supply problem. This problem is affecting all airlines operating from Christchurch. As a result, Singapore Airlines is unable to uplift sufficient fuel each day to allow for its …