Gujarat Govt Announces Reduction In VAT On Aviation Turbine Fuel By 20%

The step was taken to boost tourism in the state, it said. VAT on jet fuel was reduced by 5 per cent by the Gujarat government on December 13.

IndiGo Owner Posts Record Fall In Quarterly Net Profit On High Fuel Costs

InterGlobe Aviation, owner of India's largest airline IndiGo, on Tuesday posted its biggest ever fall in quarterly net profit mainly due to rising fuel costs

Jet Fuel Price Up 3.2%; Puts Burden On Cash-Strapped Airlines