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NEW DELHI: In a bid to provide reprieve to airlines affected by the US-Iran war, the aviation ministry has directed all 34 major airports to reduce landing and parking charges for domestic flights by 25% for three months. Accordingly, Airports Economic Regulatory Authority on Tuesday issued an order directing the operators of airports in Delhi, Mumbai, Bengaluru, Hyderabad and others to do so with immediate effect. With assembly elections in crucial states like Kerala and West Bengal on the hori ...Read More >
Mumbai: The Ministry of Civil Aviation (MoCA) announced a 25% reduction in landing and parking charges for domestic operations of Indian carriers for three months to stabilise the domestic aviation sector against volatile global markets. The relief measure comes as a strategic intervention to maintain affordable air travel amid the ongoing West Asia crisis, which has led to a sharp rise in aviation turbine fuel (ATF) costs. ATF Prices Skyrocketed Over 100% in April; Government Capped Hike at 25 ...Read More >
New Delhi: Civil Aviation Minister Ram Mohan Naidu on Wednesday announced a 25 per cent cut in landing and parking charges for domestic airlines at the country's airports so that airfares for passengers remain at affordable levels amid the rise in jet fuel prices in the wake of the Middle East conflict. The minister said that the measure is expected to reduce landing and parking charges payable by airlines at major airports during the three-month period by approximately Rs 400 crore. The Civil ...Read More >
New Delhi [India], April 8 (ANI): In a move aimed at curbing the sharp rise in domestic airfares amid the West Asia crisis, the Ministry of Civil Aviation has directed the Airports Authority of India (AAI) to reduce landing and parking charges at non-major airports. According to an official communication issued by the Ministry, AAI will reduce Landing and Parking Charges -- part of the aeronautical tariff -- at all its non-major airports by 25 per cent of the approved rate. The order states th ...Read More >
NEW DELHI: Pakistan International Airlines (PIA) has scrapped most passenger discounts and cut flight frequencies as rise in jet fuel prices squeezed the air carrier's finances, a new report has said. Pakistan-based Dawn cited a PIA spokesperson as saying that concessions are currently limited to children and infants, and all other fare discounts withdrawn. The move followed a high-level review of rising fuel costs and potential losses after Jet fuel (JP‑1) prices jumped significantly over fou ...Read More >
Indian carriers have cancelled over 10,000 flights since Iran war. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Indian carriers cancelled over 10,000 flights since West Asia conflict began in February * Daily flights to the Middle East dropped from 300-350 to 80-90 due to airspace closures * DGCA extended pilot flight duty limits to manage longer routes and avoid crew shortages Did our AI summary help? Let us know. Switch To Beeps Mode New Delhi: Indian carriers have can ...Read More >
Govt is likely to roll out a Rs 2.5-lakh-cr credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis The central government is likely to roll out a Rs 2.5-lakh-crore credit guarantee scheme in the coming days to support sectors impacted by the West Asian crisis, Moneycontrol.com reported, citing two government officials. The proposed scheme will expand the existing Emergency Credit Line Guarantee Scheme (ECLGS) framework, which was introduced in 2020 to a ...Read More >
New Delhi: Since the US-Israel and Iran war began on February 28, 2026, Indian airlines have cancelled over 10,000 flights. The flights were cancelled due to the West Asia conflict escalations and airspace restrictions. Due to the war, several airspace have been closed, forcing airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America. "On an average, Indian carriers used to fly about 300 to 350 flights daily to the Middle East (both ways put together ...Read More >
New Delhi: The government on Tuesday said that over 10,000 flights by Indian carriers to West Asia have been cancelled since the war broke out in the region. The move of the government comes at a time when widespread closures of key transit corridors have forced airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America, according to a senior civil aviation ministry. "On average, Indian carriers used to fly about 300 to 350 flights daily to the Middle ...Read More >
New Delhi: India has decided to import crude oil from Venezuela after a gap of around 11 months. In April, Indian ports are expected to receive about 10 to 12 million barrels of crude oil from the South American country. This comes at a time when global energy markets are facing uncertainty. Move Driven By Supply Concerns The decision comes as tensions in West Asia, especially around the Strait of Hormuz, have disrupted oil supplies. India is now looking at alternative sources to ensure steady ...Read More >
New Delhi, Apr 7 (PTI) Indian carriers have cancelled over 10,000 flights since the onset of the West Asia conflict, as escalating tensions and airspace restrictions disrupted international operations, a senior government official said. The widespread closures of key transit corridors forced airlines to suspend or reroute services, particularly on long-haul routes to Europe and North America. "On an average, Indian carriers used to fly about 300 to 350 flights daily to the Middle East (both wa ...Read More >
New Delhi: The Air India group has announced revisions to its fuel surcharge structure across domestic and international routes amid a sharp rise in global jet fuel prices. In a statement, the airline said the decision comes as airlines worldwide face one of the toughest fuel cost environments in recent years. "Air India group today announced further revisions to its fuel surcharge structure across domestic and international routes," the airline said. The airline noted that global jet fuel pr ...Read More >
New Delhi: The ongoing geopolitical conflicts in West Asia are beginning to exert a measurable impact on India's aviation sector, affecting both airlines and airports through rising fuel costs, operational disruptions, and revenue uncertainties, according to an analysis by EY India. The report highlights that nearly 20 per cent of global jet fuel supply is linked to the Middle East, making the region critical for aviation economics. As a result, volatility in fuel prices has once again emerged ...Read More >
New Delhi [India], April 7 (ANI): The Air India group has announced revisions to its fuel surcharge structure across domestic and international routes amid a sharp rise in global jet fuel prices. In a statement, the airline said the decision comes as airlines worldwide face one of the toughest fuel cost environments in recent years. "Air India group today announced further revisions to its fuel surcharge structure across domestic and international routes," the airline said. The airline noted ...Read More >
Mumbai: The Air India group on Tuesday announced that it will impose the fuel surcharge ranging from Rs 299 to Rs 899 for domestic flights and USD 24 to USD 280 for international flights (excluding some routes). The revised fuel surcharge, effective from April 8, will be applicable for flights operated by the airline's low-cost subsidiary Air India Express as well, Air India said in a statement. Revisions to fuel surcharge on flights to and from Bangladesh and Far East destinations such as Jap ...Read More >
New Delhi, April 7: Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices. For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday. The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2,000 kms. The move follows the government's decision to cap the increase in domestic Aviation Turbine Fuel ( ...Read More >
New Delhi, April 7 (SocialNews.XYZ) Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices. For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday. The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2,000 kms. The move follows the government's decision to cap the increase in domestic Aviat ...Read More >
NEW DELHI: Air India on Tuesday announced a revision in fuel surcharge across domestic and international routes amid a rise in global jet fuel prices. For domestic routes, the airline said it will shift from a flat surcharge to a distance-based structure, effective from Wednesday. The revised surcharge will range from Rs 299 for flights up to 500 kms to Rs 899 for sectors above 2, 000 kms. The move follows the government's decision to cap the increase in domestic Aviation Turbine Fuel (ATF) p ...Read More >
Mumbai, Apr 7 (PTI) The Air India group on Tuesday said it will impose fuel surcharge ranging from Rs 299 to Rs 899 for domestic flights and USD 24 to USD 280 for international flights (excluding some routes). The revised fuel surcharge, effective from April 8 will be applicable for flights operated by the airline's low-cost subsidiary Air India Express as well, Air India said in a statement. Revisions to fuel surcharge on flights to and from Bangladesh and Far East destinations such as Japan, ...Read More >
New Delhi, Apr 7 (PTI) The government is considering a ₹2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to ₹100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidiary ...Read More >
New Delhi, Apr 7 (PTI) The government is considering a Rs 2.5 lakh crore credit guarantee scheme to support businesses, especially MSMEs impacted by the West Asia crisis, sources said. Under the scheme, a credit guarantee of about 90 per cent on loans of up to Rs 100 crore would be provided to lenders in case of default by borrowers due to the ongoing US-Iran conflict. The guarantee on bank loans would be provided by the National Credit Guarantee Trustee Company (NCGTC), a wholly-owned subsidi ...Read More >
New Delhi, April 6: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said, it improves the counter-cyclical capacity , especially the ability to 'lean against the wind' ...Read More >
Jaipur, Apr 6 (PTI): Adequate stocks of LPG, petrol, diesel and aviation turbine fuel (ATF) are available across Rajasthan, and supply remains uninterrupted despite pressure on global supply chains due to the conflict in West Asia, officials said on Monday. The assurance was given during a press conference organised to create awareness about the current supply situation and address consumer concerns. Addressing mediapersons, Manoj Gupta, Executive Director and State Head (Oil Industry Coordina ...Read More >
Jaipur, Apr 6 (PTI) Adequate stocks of LPG, petrol, diesel and aviation turbine fuel (ATF) are available across Rajasthan, and supply remains uninterrupted despite pressure on global supply chains due to the conflict in West Asia, officials said on Monday. The assurance was given during a press conference organised to create awareness about the current supply situation and address consumer concerns. Addressing mediapersons, Manoj Gupta, Executive Director and State Head (Oil Industry Coordinat ...Read More >
New Delhi: Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for a further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said that it improves the counter-cyclical capacity, especially the ability to 'lean against the wind' in ec ...Read More >
New Delhi, Apr 6 (PTI) Finance Minister Nirmala Sitharaman on Monday said fiscal prudence has given the government enough room to push capex and support sectors impacted by the West Asia crisis. Besides, she said the Reserve Bank can go in for further rate cut to deal with the emerging situation. Highlighting the importance of a good public finance policy in challenging times, the Finance Minister said, it improves the counter-cyclical capacity , especially the ability to 'lean against the win ...Read More >
The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum ...Read More >
The oil marketing companies (OMCs) on March 26 fixed rates for petroleum products that are at a discount of up to ₹60 per litre to their imported cost. In a first since fuel price deregulation, Indian state-run oil marketing companies will pay refineries a discounted price for petrol, diesel, aviation turbine fuel (ATF) and kerosene to limit mounting losses from a self-imposed freeze on retail fuel prices, sources said. The oil marketing companies (OMCs) on March 26 fixed rates for petroleum p ...Read More >
AFP | New Delhi Email : editor@newsofbahrain.com India's oil ministry said yesterday that domestic jet fuel prices would rise as the Middle East war pushed up energy costs, but that it had cushioned airlines from an expected 100% jump. Aviation turbine fuel (ATF) makes up a substantial chunk of airlines' expenses, and sustained increases could translate into higher airfares. State-run refiner Indian Oil Corporation said that ATF prices rose by 8.5% in the capital Delhi, with similar rises in ...Read More >
Prices at petrol pumps for diesel car owners have been left unchanged. New Delhi: State-run oil marketing companies have raised the price of industrial diesel by Rs 28.22 per litre, an increase of more than 25 per cent, with the new rate set at Rs 137.81 per litre. The adjustment was made on Wednesday, by companies including the Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd. According to internal communication seen by NDTV Profit, it applies to high-speed diesel, known as HS ...Read More >
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