Tag Archives: Aviation Turbine Fuel

The blood letting in the Indian aviation industry shows no signs of stopping. After the much publicised sacking of 850 cabin crew early on October 15, Jet Airways announced the retrenchment of another 1,050 staff, which also includes flight crews. News reports indicate that another 1,000 jobs will be cut by the end of this year. That will bring down …

The deepening economic crises are forcing the hands of the private airlines in India. Manisha Singhal of the Business Standard reports that airlines have sought a bailout of almost $1 billion (Rs. 4,700 Crore) amidst losses expected to reach $2 billion this year. Take a cue from the recent $440 million (Rs. 2,000 Crore) bailout of NACIL, the national airline, …

Perfect storm Shuchi Bansal Airlines are blaming the rising ATF prices for their woes. But it is also a crisis of their own making. How are they coping? The exasperation in Saroj K Datta’s voice is unmistakable. “We are doing whatever needs to be done — capacity rationalisation, maintaining aircraft fuel efficiency, and so on,” says the executive-director of Jet …

India, the world’s largest democracy, has a sorry record in sound and bold economic administration. Populist measures abound, and nothing is sacred or immoral in the perpetual quest to obtain and then secure the “gaddi”. Fuel pricing in India is a prime example. Officially, the “Administered Price Mechanism” was abolished in 2002, but today, the Indian government has a greater …

The BIAL consortium, promoters of the new Bengaluru International Airport (BIA), have a strong plan to make their airport a major aviation hub, for domestic and international airlines. Its strongest competition is coming from the GMR promoted Rajiv Gandhi International Airport (RGIA) in Hyderabad. Unfortunately for BIAL, successive governments in Karnataka are addicted to oil, or at least the revenues …