Friday, September 04, 2009

Busy traffic fuels ATF sales in July

New Delhi: The consumption of aviation turbine fuel (ATF) turned positive in July on account of an increase in international flights. This comes after nine consecutive months of decline.
At 376,470 tonnes, ATF sales by the domestic oil marketing companies (OMCs) have registered 2.8 per cent growth in the said month. The increase in ATF consumption is also a positive trend for the OMCs, since prices of the fuel are not controlled by the government.
“The rise has mainly been on account of increasing traffic in international routes, even as the domestic sector continues to see a depressed performance,” said an official at the state-run Indian Oil Corporation, the largest ATF supplier in the country.
During the May-June period, total passengers carried by airlines in the international routes increased by 4 per cent, though the domestic sector has seen a decline of 3.1 per cent, according to the Directorate General of Civil Aviation (DGCA).
In terms of aircraft movement, the data show a rise of 4.4 per cent in the international sector and fall of 5.9 per cent in the domestic sector. However, the international cargo movement has seen a decline of 3.6 per cent, though domestic cargo movement has seen a rise of 6.5 per cent.
04/09/09 Mihir Mishra & Ajay Modi/Business Standard
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