Indian Aviation is extremely happy with the deep cut in fuel prices across the country.
Fuel is the major expense head in any schedule or non schedule airline. It generally accounts for 50-55% in the total expense. Due this price cut in Aviation Turbine Fuel ( ATF) , all the stocks have rallied up by more than 6% . Shares of Spicejet has surged 6% to Rs 13.01, while Kingfisher Airlines locked in upper circuit of 5% at Rs 2.15 on the Bombay Stock Exchange (BSE). Similarly, Jet Airways up nearly 5% to Rs 218.
This is the 3rd time reduction in the prices of ATF. International prices of crude oil has declined, due which the import of oil has become cheaper. After the new Government, The Aviation Minister has assured that all the states will reduces the taxes on fuel. ATF in the country is highly taxed . Due these taxes and certain policies of aviation, almost all the companies are in deep losses. Aviation should be improved as its a necessary factor in the improvement of the country.
Scheduled Airlines in Indian Aviation :
- Jet Airways
- Air India
- Jet Lite
- Go Air
- Air Costa
- Air Asia
- Vistara Air
Non Scheduled Operators in Indian Aviation :
- Accurate Commodeal Pvt. Ltd.
- ABHIJEET PROJECTS
- ABG RESOURCES PVT LTD.
- ADANI EXPORT LTD.
- ARROW AIRCRAFTS & Sales
- AERIAL ADVERTISING PVT.LTD.
- ALPHA AVIATION
- AEROTECH AVIATION INDIA PVT. LTD.
- AAA AVIATION
- AK AVIATION PVT LTD
- AIR CAR AIRLINE PVT LTD.
- AIR ONE ASIA
- ASIA AVIATION LTD.
- AML STELL LTD.
- AMAN AVIATION
Entire List of Non Scheduled Operators in India : CLICK
The reduction in prices of Aviation Turbine Fuel will help the airlines as it will ease the burden. We will expect more airlines which will startup in country.
Buzzing Indian Aviation & Upcoming airlines in India :
1. Air One (Scheduled Airlines )
2.Zexus Air (Scheduled Airlines )
3.Seven Sister Airlines( Scheduled Airlines )
4.Turbo Airlines ( Regional Airlines )
5.Ligare Aviation ( Regional Airlines )
6.Air Carnival ( Regional Airlines )
7. MSD Aviation ( Cargo Airlines)
8. ZAV Airways ( Regional Airlines )
This will enhance the indian aviation jobs in country.
Jobs for Pilots
Jobs for cabin crew
Jobs for AME
Jobs for Ground Staff