{"id":280767,"date":"2019-07-06T07:17:29","date_gmt":"2019-07-06T07:17:29","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=280767"},"modified":"2019-07-06T07:22:02","modified_gmt":"2019-07-06T07:22:02","slug":"economic-survey-flags-high-tax-regime-for-jet-fuel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/economic-survey-flags-high-tax-regime-for-jet-fuel\/","title":{"rendered":"Economic Survey flags high tax regime for jet fuel"},"content":{"rendered":"<p>Unpredictable changes in global crude oil prices were compounded by high domestic tax regime on jet fuel in 2018-19 for the airlines industry, according to the Economic Survey. <\/p>\n<p>Jet fuel or Aviation Turbine Fuel (ATF) accounts for a significant chunk of an airline&#8217;s operational costs.<\/p>\n<p>The survey tabled in Parliament on Thursday also said the country&#8217;s scheduled domestic air transportation for passengers and goods has grown by 14 per cent and 12 per cent, respectively, in 2018-19.<\/p>\n<p>&#8220;The demand and supply trends in civil aviation shows that passenger demand is higher than the seat supply,&#8221; it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unpredictable changes in global crude oil prices were compounded by high domestic tax regime on jet fuel in 2018-19 for the airlines industry, according to the Economic Survey. Jet fuel or Aviation Turbine Fuel (ATF) accounts for a significant chunk of an airline&#8217;s operational costs. The survey tabled in Parliament on Thursday also said the country&#8217;s scheduled domestic air transportation for passengers and goods has grown by 14 per cent and 12 per cent, respectively, in 2018-19. &#8220;The demand and supply trends in civil aviation shows that passenger demand is higher than the seat supply,&#8221; it said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-280767","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/280767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=280767"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/280767\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=280767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=280767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=280767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}