Get Report Sample copy @ https://www.mrrse.com/sample/779 The transportation fuel market has been segmented on the basis of fuel type as gasoline, diesel, aviation turbine fuel
(ATF), and others.
Petrol, diesel, domestic LPG and jet fuel ( aviation turbine fuel
) are trucked from Indian Oil Corporation's ( IOC) depot in Raxaul to Nepal.
Indian Oil Corp (IOC) is seeking a rare aviation turbine fuel
or jet fuel cargo, its first such requirement in more than three years, industry sources said.
"We want the Indian government to do three things reduce tax on ATF (aviation turbine fuel
), lower various charges levied at airports as they are higher than in other countries and lift the fiveyear ban on new airlines to launch international flights," AirAsia group chief executive Tony Fernandes told reporters here.
Severely depreciating rupee against dollar, ever escalating ATF (Aviation Turbine Fuel
) prices and the imposition of levies and charges on account of improved infrastructure at Delhi Terminal 3 were the key factors resulting in an increase in operating costs.
The contract covers the supply of diesel, petrol, kerosene and aviation turbine fuel
to BPCL from Essar Oil's Vadinar refinery.
"I have spoken to the petroleum secretary not to disrupt (aviation turbine fuel
) supplies and he has assured," Civil aviation secretary Nasim Zaidi said.
As per that, payment for ATF (aviation turbine fuel
) sold to Air India in mid-October was due on January 22 but it (Air India) did not make any payment." According to rough estimates, Air India owes about USD 840 million dues towards fuel purchases.
AC Analytical Controls FAME in AVTUR analyzer from PAC is suited to detect traces of Fatty-acid Methyl Esters or FAMEs, widely known as biodiesel, in aviation turbine fuel
. FAMEs are used as blending stock for diesel fuel in refinery applications, and there is concern that other products using the same production, storage and transport systems, such as aviation turbine fuel
, can become cross-contaminated with FAME and create problems with jet engine performance.
When the GST was introduced on July 1 last year, five commodities -- crude oil, natural gas, petrol, diesel, and aviation turbine fuel
(ATF) -- were kept out of its purview for the time being.
The government had in February conceded to demands of domestic airlines and allowed them to import aviation turbine fuel
AIRFARES have shot up further with major carriers like Air India ( AI) and Jet Airways hiking fuel surcharge ranging from ` 150 to ` 250 for domestic travel and ` 825 for a one- way international ticket as oil companies announced an increase in aviation turbine fuel
( ATF) prices by as much as 7.6 per cent on August 31.