Massive Hike In ATF Prices | Airlines Like IndiGo Want Jet Fuel Under GST | Latest News Update
March 17, 2022
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1:18Now PlayingMassive Hike In ATF Prices | Airlines Like IndiGo Want Jet Fuel Under GST | Latest News Update
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as posted by the channelAfter a massive hike, a few airlines like Vistara, IndiGo are imploring Govt to put aviation fuel under GST. Vistara said that they hoped the resumption of regular international flights will help manage the price hike pressure. The enduring conflict between Russia and Ukraine leads to a straight rise in the prices of crude oil. Post to reaching the $140 per barrel mark, crude oil prices are floating nearly about $100 per barrel mark. In a few weeks, the prices of crude oil have been increased to a 7 year high nearing about $140 per barrel, IndiGo CEO Ronojoy Dutta stated. It is due to the current going conflict in Europe. The same would result in an over 50% ATF price rise from January 2022 to date along with an 18% rise. Watch to know more! #Indigo #Spicejet #GST #Vistara
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