{"id":358514,"date":"2020-06-22T10:17:56","date_gmt":"2020-06-22T04:47:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=358514"},"modified":"2020-06-22T10:17:56","modified_gmt":"2020-06-22T04:47:56","slug":"steep-rise-in-atf-prices-to-hurt-airlines-and-passengers-amid-pandemic","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/steep-rise-in-atf-prices-to-hurt-airlines-and-passengers-amid-pandemic\/","title":{"rendered":"Steep rise in ATF prices to hurt airlines and passengers amid pandemic"},"content":{"rendered":"<p>New Delhi: The steep hike in prices of aviation turbine fuel (ATF) at major Indian cities, despite a fall in global crude prices, is set to hurt airlines as rising costs will add to their woes amid tepid demand due to the covid-19 pandemic.<\/p>\n<p>Aviation turbine fuel accounts for about 35-50% of airlines&#8217; total costs. At a time when domestic airlines are struggling to keep their costs down, the steep rise in ATF prices will further stress airlines&#8217; finances.<\/p>\n<p>&#8220;The price of ATF rose substantially during June, which is not a good sign, as airlines resumed domestic operations after two months of grounding on 25 May,&#8221; said a senior airline official, who didn&#8217;t want to be named.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The steep hike in prices of aviation turbine fuel (ATF) at major Indian cities, despite a fall in global crude prices, is set to hurt airlines as rising costs will add to their woes amid tepid demand due to the covid-19 pandemic. Aviation turbine fuel accounts for about 35-50% of airlines&#8217; total costs. At a time when domestic airlines are struggling to keep their costs down, the steep rise in ATF prices will further stress airlines&#8217; finances. &#8220;The price of ATF rose substantially during June, which is not a good sign, as airlines resumed domestic operations after two [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-358514","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358514","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=358514"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/358514\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=358514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=358514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=358514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}